Sinosteel says the offer will fail because:
Sinosteel argues that there is …”inherent uncertainty in the value of Murchison shares …until the claim by Chameleon
Mining is resolved.
Murchison response:
Murchison understands that Sinosteel and its advisers have expressed negative views in private briefings about the
company’s assets and the Chameleon legal action.
Murchison’s position on this issue has been made clear on many occasions.
Murchison’s strongly held view is that the Chameleon claim, so far as it constitutes a claim for an interest in the Jack
Hills and Weld Range projects and/or Murchison’s shares in Crosslands Resources Ltd is without merit, and Murchison
is satisfied that the Chameleon claim should not result in any material value loss for Murchison shareholders.
- Forums
- ASX - By Stock
- CHM
- sino cites chm as a problem for mmx
sino cites chm as a problem for mmx, page-7
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CHM (ASX) to my watchlist
|
|||||
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.18M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.6¢ | $1.904K | 115.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 2577717 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 630643 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 2577717 | 0.016 |
9 | 1786477 | 0.015 |
3 | 708475 | 0.014 |
3 | 242223 | 0.013 |
2 | 83412 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 630643 | 6 |
0.018 | 508453 | 2 |
0.019 | 807601 | 5 |
0.020 | 1523093 | 7 |
0.021 | 282857 | 2 |
Last trade - 12.10pm 26/08/2024 (20 minute delay) ? |
Featured News
CHM (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online