A few years ago we let the Swiss company acquire 100% of MIM. Our second largest mining company. no one objected.
What a bargain that was. And an opportunity. I leant a lot from that, and was very fortunate. At the time I had some MIM call options. The rising price of MIM at the time meant that the increasing security value covered 100% of the option exercise price, so that I effectively got my MIM shares for the very low cost of the call option alone. Without any further outlay. I have never been able to repeat the exercise, although have come close a few times.
WHY is Gov letting Assets be squandered, page-17
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Last
$19.22 |
Change
-0.270(1.39%) |
Mkt cap ! $59.17B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.55 | $19.22 | $85.01M | 4.398M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27260 | $19.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.33 | 100 | 1 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |