They may end up being offered a 10 or 20% stake at the TO price, maybe not the whole lot, with some kind of longer term sweetener.
That would keep BMN financed for some time to come.
The board and the major holders wont be itching to get rid of the company at 60c. They will try to come to a compromise to get support from the chinese without selling the whole lot for a song IMO.
That is UNLESS they do an andrew michaelmore, and sell out all the holders while lining up sweet new jobs working for hanlong.
Lots of possible outcomes at this point make it exceedingly hard to put a value on.
- Forums
- ASX - By Stock
- 35.5c aud close last night
They may end up being offered a 10 or 20% stake at the TO price,...
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BMN (ASX) to my watchlist
|
|||||
Last
$3.77 |
Change
-0.090(2.33%) |
Mkt cap ! $579.2M |
Open | High | Low | Value | Volume |
$3.87 | $3.89 | $3.75 | $633.1K | 166.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2223 | $3.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.77 | 2633 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 2170 | 3.770 |
11 | 4202 | 3.760 |
14 | 7271 | 3.750 |
9 | 10591 | 3.740 |
9 | 11658 | 3.730 |
Price($) | Vol. | No. |
---|---|---|
3.780 | 2395 | 19 |
3.790 | 4924 | 22 |
3.800 | 6029 | 12 |
3.810 | 6531 | 12 |
3.820 | 4056 | 9 |
Last trade - 13.05pm 20/06/2024 (20 minute delay) ? |
Featured News
BMN (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online