Unfortunately for us small holders Squader " Peter Bird is presenting at the Mining Journal Select London conference at 12:50 UK time today.I guess the presentation will appear on the RXM website soon.I am hoping it will generate some international interest.
A thief in the night will likely swoop, paying not much!Iron ore billionaire and green energy crusader Andrew Forrest has just fired the starter’s gun on what’s likely to be a wave of merger and acquisition (M&A) activity among small miners.
Forrest’s $760 million bidfor nickel minerMincor (ASX: MCR)is set to succeed, not because it’s a particularly generous offer, it’s more case of him having liquid cash firepower at a time when financial markets are in turmoil.
The offer was pitched at $1.40 and there is a new valuation of $1.95 on Mincor from Royal Bank of Canada (RBC) which described Forrest’s proposal as “opportunistic”.
It clearly is because Mincor was trading at $1.85 just two months ago.
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27.5¢ |
Change
0.010(3.77%) |
Mkt cap ! $211.1M |
Open | High | Low | Value | Volume |
27.0¢ | 27.5¢ | 26.5¢ | $36.67K | 136.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 47609 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 338630 | 10 |
View Market Depth
No. | Vol. | Price($) |
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2 | 47609 | 0.265 |
6 | 342303 | 0.260 |
5 | 364960 | 0.255 |
14 | 583763 | 0.250 |
1 | 44000 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 325870 | 9 |
0.280 | 613739 | 14 |
0.285 | 55039 | 2 |
0.290 | 165128 | 6 |
0.295 | 39030 | 3 |
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