Yeah, I agree, they could be. They are smart investors and the Batu Hijau contract would be huge for MAH. The market really seems to be discounting it being finalised, but MAH is worth substantially more than 14.5 even without that deal.
If I did not already own so many MAH shares I would add another order to the 15 cent buy line to help make sure CIM does not get any more at 14.5 However I got some orders filled at 14.75 after the CIM deal was first announced and there were some big sell orders sitting at 15, I matched their price and ended up getting filled at 14.75.
Ann: Postcard to Shareholders, page-7
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $571.0M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 26.5¢ | $109.6K | 407.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 69984 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 1171 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MAH (ASX) Chart |