MLI will be getting those shares and they are trading below their nta.
A lot of companies trade below their nta or cash backing which simply means no one trusts them anymore.
MLI will hold 35m drd and 33m wwi and about $7m .
What's their plan for the future or are they just going to draw fees while they look for other projects.
If drd announced a script takeover it would be different story.
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Last
35.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $226.1M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 34.0¢ | $219.4K | 625.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8698 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 51149 | 3 |
View Market Depth
| Last trade - 13.34pm 15/07/2025 (20 minute delay) ? |
| GG8 (ASX) Chart |