A change in control announcement will basically inform the market NMG is for sale so there is still a chance of a counter offer if there is a low ball offer. Who knows the delay in the announcement could be due to a bidding war behind close doors..... yes I know wishful thinking.
Our SP is a reflection of running out of cash not the quality of the project so to think there could be a few interested is not completely unrealistic.
suspension from official quotation, page-3
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$1.05 |
Change
-0.030(2.78%) |
Mkt cap ! $316.4M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.08 | $1.05 | $349.0K | 329.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 161100 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 4429 | 2 |
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