Mirvac's low ball opportunistic bid is appalling for MRZ holders.
Even the independant consultant called it not fair.
Its the easy road for limp independant directors.
MRZ holders have held through a tough past 18 months to have a 24 % holder fleece the smaller investors.
This is a highly accretive deal to MGR.
The core portfolio of MRZ has a better lease profile and exposure to Government tenants and a longer WALE than the MGR core investment portfolio.
Even a capital raising would be a better option for MRZ holders than this.
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Mkt cap ! $5.611M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 10000 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 10000 | 0.052 |
2 | 20019 | 0.050 |
1 | 400000 | 0.042 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.070 | 5000 | 1 |
0.090 | 2631 | 1 |
0.091 | 55000 | 1 |
0.150 | 3890 | 1 |
0.175 | 3137 | 1 |
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