Todays note in SMH that Felix resources have been offered around 3.7Billion by Chinese outfit confirms China still is keen to grab under-valued Aussie companies. NUF offers market-share and stratigic importance that Felix can only dream-of. i remain confident the TO being canvassed re NUF will go-ahead and now reckon it's a 80% probability. Felix will get at least a 20% premium to its SP from China. i don't expect any different re NUF. BUY IMO.
probability of takeover increasing
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Last
$4.49 |
Change
-0.060(1.32%) |
Mkt cap ! $1.724B | |||
| Open | High | Low | Value | Volume |
| $4.52 | $4.54 | $4.47 | $1.275M | 283.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 22560 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.50 | 16999 | 31 |
View Market Depth
| Last trade - 13.01pm 10/07/2024 (20 minute delay) ? |
| NUF (ASX) Chart |