Rex Harbour seems to be slowly acquiring more shares, now over 40%. I wonder how long it will be before he goes for a full takeover again? From memory the last offer was 18 cents a share. I feel it will have to higher if he wants to take control easily. At the time the directors valued the company at 41 cents a share, but Rex Harbour has more influence over the board now, though they will have to obtain an arms length valuation.
Gold price still sitting at $1,760 per ounce with more upside to come IMHO. The price must be higher than when Rex made a bid for MLI. TFP
Ann: Change in substantial holding , page-2
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $111.0M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.4¢ | $95.06K | 3.804M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 807506 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 11602 | 1 |
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| LRL (ASX) Chart |
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