MGV
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0.00% 39.0¢ musgrave minerals limited

Ann: WGX: Westgold Announces Takeover Offer for Musgrave, page-69

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  1. BerserkWarrior
    1,324 Posts.
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    07/06/23
    07:45
    Post #: 68165117
    I'd agree with you if the consideration was cash- it is roughly 'ballpark' at 0.6x NAV for MGV however WGX are using script at roughly double (1.2x NAV) which I think makes it opportunistic. That skews the terms heavily in WGX's favour. I think they need to offer more
    MGV Price at posting: 30.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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