M4M 11.4% 3.9¢ macro metals limited

Bureau of Public Enterprises unveils 2014 work plan on 25th...

  1. 31 Posts.
    Bureau of Public Enterprises unveils 2014 work plan on 25th March 2014.

    http://newsdiaryonline.com/bpes-2014-work-planby-benjamin-ezra-dikki/


    BPE in final arbitration talks to settle Ajaokuta Steel Mill with former management.

    "Similarly, the BPE boss said the agency hopes to conclude arbitration initiated by Global Infrastructure Nigerian Limited, GINL, against the Federal Government in respect of the management contract in Ajaokuta Steel Company.

    This, he said, would pave the way for the development of strategies for the privatisation of the company, along with the National Iron Ore Mining Company, NIOMCO."

    Full article here
    http://www.premiumtimesng.com/business/157452-bpe-set-liquidate-nitelmtel-privatise-nigerias-four-refineries.html



    If this works out then good chance Sinosteel or another Chinese trader can make a play for the steel mill as part of Federal Govt's privatization plan.



 
watchlist Created with Sketch. Add M4M (ASX) to my watchlist
(20min delay)
Last
3.9¢
Change
0.004(11.4%)
Mkt cap ! $140.3M
Open High Low Value Volume
3.7¢ 4.0¢ 3.6¢ $642.5K 16.73M

Buyers (Bids)

No. Vol. Price($)
3 828203 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 614580 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
M4M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.