I think you're absolutely right that the AMX take-over is a contingency for the court-case failing.
However, I'm not sure that you can infer that having a contingency indicates they're confident or not confident that they'll win the court case. They're being diligent.
They're preferred outcome is obviously that they both win the court case and complete a full take-over of AMX.
From AMX share-holder perspective, it does seem now that the best option is for the take over to proceed and then hope the court-case rules in Centamins favor. Any other outcome short of a rival bid will see AMX SP go back down and who knows what next.
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.94M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 23.5¢ | 20.0¢ | $15.80K | 76.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1070 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 33238 | 1 |
View Market Depth
| Last trade - 15.22pm 27/06/2025 (20 minute delay) ? |
| AMX (ASX) Chart |