I don’t see anything hostile …. Beacon and Colin facilitated the initial 7c purchase and both maintain a lot more MXR shares … I presume at 7c they are happy.
Graham McGarry ( BCN board, major shareholder and manager ) is on the board of MXR … it would be unusual to sell the BCN stake at 7c and than not be happy with the offer.
To make it all look like things are not predetermined ( which they are in most deals imo ) the MXR board may appear to negotiate a sweetener like 7.2c which is ultimately a win / win type scenario of getting the deal done.
Ann: Astral Acquires 19.99% Stake in Maximus Resources, page-7
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $226.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $489.0K | 3.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24974 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 205694 | 4 |
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| Last trade - 16.11pm 30/07/2025 (20 minute delay) ? |
| AAR (ASX) Chart |