Well we've seen yesterday a raider take on CAM and launching a bid to control up to 50% of the CAM shares outstanding, after which he is presumed to undertake an NTA liquidation and return all capital to shareholders. CAM was trading at a discount to NTA of greater than 10% before the bid was announced. Based on these developments one would have to think MMA and its 17% discount to NTA would be a very attractive target for a raider. If all that's needed to order an NTA liquidation is 50% of the shares it's not hard to see this happening. Any thoughts on the possibility?
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Last
30.0¢ |
Change
0.035(13.2%) |
Mkt cap ! $60.37M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 30.0¢ | 27.5¢ | $229.5K | 799.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4010 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 7982 | 2 |
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| Last trade - 15.57pm 15/09/2025 (20 minute delay) ? |
| MMA (ASX) Chart |