Australia's largest stock trading and investment forum Australia's #1 stock forum

MCR

Click for more information

0.00%

$1.39 mincor resources nl

One would think Wyloo would need to bring it's 30% to the party...

First 16 Last

Share
Profile

Follow
lame

2,171 Posts.

243

25/05/23

23:05

Post #: 67970202
Share

Originally posted by kotek01: ↑

Not sure why you believe that the next offer (if/when it comes) will be at a much lower price.

I think just the opposite. In a big scheme of things, it wouldn't cost him a lot more to up the offer in 4 months or so by another 30-40 cents, especially if the % of non-accepted shares is closer to 10% rather than 30%. You'd assume that big holders are not holding out just to accept a lower offer later.

And if they have a CR, then shareholders will likely have access to participate in the CR too.

Personally, I am reluctant to accept for a couple of reasons - for one, I think there is more in it within the next year, and secondly, I'd much rather delay the CG till next financial year.

Expand

One would think Wyloo would need to bring it's 30% to the party for it's JV with IGO
Too this point Wyloo needs MCR to bring 30% to the table

MCR Price at posting: $1.40 Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 16 more messages in this thread...

First 16 Last

Add MCR (ASX) to my watchlist

SPONSORED BY