i think a T/O from MIN makes eminent sense as there are huge synergies with the U/G mining services and the DVP base metals mines will fit nicely into MIN portfolio. Especially if DVP are awarded U/G contract at Mt Marion and/or other MIN lithium assets. Chris will not be keen on paying a margin and would ultimately bring the services in house. Then we have 2 scenario's IMO-
a) 100% T/O whereby MIN bids for the remaining stock it doesn't already own with Bill/DVP board acceptance. Bill has approx. 30% so what is his price and terms. Probably take MIN stock so we all get roll over relief and ride the bigger wave.
b) MIN and Bill can't agree value, but MIN could still bid for control at +50% leaving Bill as a minority holder in the sub. Not perfect, but doable and might be acceptable to remaining DVP SH's.
My money is on a) and BB being Chris' s succession plan to run MIN....
- Forums
- ASX - By Stock
- DVP
- Ann: Change in substantial holding from MIN
Ann: Change in substantial holding from MIN, page-7
- There are more pages in this discussion • 39 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 DVP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.34 |
Change
-0.010(0.43%) |
Mkt cap ! $567.8M |
Open | High | Low | Value | Volume |
$2.35 | $2.41 | $2.32 | $1.130M | 479.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2436 | $2.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.35 | 10000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2436 | 2.340 |
3 | 4871 | 2.330 |
4 | 6043 | 2.320 |
2 | 6645 | 2.310 |
1 | 50000 | 2.300 |
Price($) | Vol. | No. |
---|---|---|
2.350 | 10000 | 2 |
2.360 | 2645 | 1 |
2.370 | 2645 | 1 |
2.380 | 2645 | 1 |
2.390 | 67 | 1 |
Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
|
|||||
Last
$2.35 |
  |
Change
-0.010 ( 0.41 %) |
|||
Open | High | Low | Volume | ||
$2.34 | $2.41 | $2.32 | 498552 | ||
Last updated 15.59pm 29/05/2024 ? |
Featured News
DVP (ASX) Chart |