"Since the 9 May when MINRES breached its POS LJ buy deal its lost a whopping $5B Mcap."
There was no breach, for someone who states they have done a 5 year degree you would expect better. It was announced due to DD the deal was not going forward.
The rest of your analysis i think is quite good, but you come across butt hurt by Min not taking up the POS deal. Here you are bagging min but at the same time having wanted Min to rescue Pos from collapse.
Once Min had time and access to POS's position it was deemed none viable so Min adjusted the offer which they where fully entitled to do.
MIN chart, page-142
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Last
$44.97 |
Change
0.040(0.09%) |
Mkt cap ! $8.908B | |||
| Open | High | Low | Value | Volume |
| $46.57 | $46.80 | $44.87 | $66.14M | 1.293M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 53 | $44.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.97 | 3 | 1 |
View Market Depth
| Last trade - 14.14pm 16/08/2024 (20 minute delay) ? |
| MIN (ASX) Chart |