Yesterday's teleconference explains the sequence of events i.e. Ellison and Wade sold their shares a day or so before the Chinese whacked in their revised bid for AWE.
MRL were working toward a bid in January. But, when they Chinese outfit came again, they figured they had to move pronto, to give the AWE board a competitive offer to advise s'holders 'do nothing, we'll get back to ya'.
I doubt Wade and Ellison were privy to the Chinese outfit's improved bid at the time they sold their shares.
Ann: MIN: MRL Proposal to acquire AWE, page-11
Add MIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$45.86 |
Change
-1.390(2.94%) |
Mkt cap ! $9.012B | |||
| Open | High | Low | Value | Volume |
| $46.22 | $46.89 | $45.56 | $84.69M | 1.811M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2020 | $45.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $45.87 | 3192 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MIN (ASX) Chart |