MYL 0.00% 70.0¢ mallee resources limited

Ann: Conditional Non-Binding Proposal to Acquire All MYL Shares, page-33

  1. 6,952 Posts.
    lightbulb Created with Sketch. 1339
    Fair enough. But I think (a) the uncertainty about the bid being formalised, (b) the indeterminate amount of time required for any acquisition to be completed (presumably a number of months), and (c) advantage of selling prior to EOFY, will all result in the SP being crushed well below the condition offer price of 3.5 (which now represents a hard ceiling, unless another offer is received/suggested/hinted at)
 
watchlist Created with Sketch. Add MYL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.