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7.50%

43.0¢ mitchell services limited

Would NM sell?

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completelybroke

1,548 Posts.

93

23/11/22

16:31

Post #: 64946337
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Originally posted by BerserkWarrior: ↑

DDH could buy this at 61-64c share, effectively increasing their business revenue & drilling fleet by more than half & make it work without accounting for any synergies (and they'd be very significant). Wondering what it would take for a transaction to take place considering Scott Tumbridge folded Deepcore into MSV for around 60c/share in a cash/equity deal I recall but has received substantial earn outs for the last 3 years too.....

Still trading at a greater than 10% discount to the last raise. Would rather see an increase in the buyback preferentially over dividends at this stage if it continues to trade at these prices to increase future returns on equity. If the share price goes up, I'd be happy to take cash dividends. It's been a long and testing journey.

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Would NM sell?

MSV Price at posting: 36.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 43.0¢		Change 0.030(7.50%)		Mkt cap ! $91.84M

Open	High	Low	Value	Volume
41.5¢	44.0¢	40.0¢	$289.0K	690.3K

Buyers (Bids)

No.	Vol.	Price($)
1	7500	43.0¢

Sellers (Offers)

Price($)	Vol.	No.
43.5¢	4000	1

View Market Depth

No.	Vol.	Price($)
1	7500	0.430
1	4761	0.425
2	21905	0.420
1	6553	0.415
2	4463	0.410

Price($)	Vol.	No.
0.435	4000	1
0.440	19500	2
0.445	60598	2
0.450	120549	3
0.455	30000	1

Last trade - 16.10pm 27/05/2024 (20 minute delay)


Last 43.0¢			Change 0.030 ( 7.50 %)
Open	High		Low	Volume
41.5¢	44.5¢		41.0¢	179722
Last updated 15.59pm 27/05/2024 ?

MSV (ASX) Chart