So we are giving them 1 MLX + 8c (worth $1.14) for 4.5 ABY (worth 4.5x .29 = $1.305)
I looks to me like market value, given MLX is down today and ABY is up.
Way to see it though is as Netsua says - we get the cash pile, which I thought was $48m, locked up in ABY by the T/O dealings and the Nifty mine (which MLX tech staff have now inspected and had access to the ABY data room) and the satellite exploration prospects for $25 plus the exchange of shares.
I would put an extra dollar on MLX for this - may take a little time to sink in though.
Ann: ABML Directors To Recomend Proposed Increase Offer From MLX,MLX-ABY.AX, page-3
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
54.5¢ |
Change
-0.015(2.68%) |
Mkt cap ! $483.0M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.0¢ | 54.0¢ | $1.127M | 2.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 197178 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 15550 | 1 |
View Market Depth
| Last trade - 16.16pm 04/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |