MLM 2.78% 3.5¢ metallica minerals limited

Ann: DRX:Bidder's Statement in relation to takeover offer for MLM, page-15

  1. 638 Posts.
    lightbulb Created with Sketch. 256
    Don't worry 'MalcolmD' has been active, have a look on DRX site. When I have something to say, I'll say it, I'm still reading through 111 pages of the Bidders Statement.
    At this stage:
    Page 4 'Ineligible Foreign Shareholders and Small Parcel Holders' seem to get a raw deal.
    Page 9 'Key Metallica Shareholder support' Significantly the Flannery Family doesn't get a mention, and they are the largest.

    Regarding somebodies earlier comment regarding a 'golden parachute'. Suggest you read the contract that any board member of any ASX listed company is on. STANDARD CONDITIONS STATE THAT IS THE EVENT OF A TAKEOVER, CERTAIN ENTITLEMENT ARE PAYABALE. Why, because in most cases they are out of a job !!!!!



 
watchlist Created with Sketch. Add MLM (ASX) to my watchlist
(20min delay)
Last
3.5¢
Change
-0.001(2.78%)
Mkt cap ! $33.59M
Open High Low Value Volume
3.3¢ 3.5¢ 3.3¢ $15.40K 442.7K

Buyers (Bids)

No. Vol. Price($)
1 158903 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 275000 1
View Market Depth
Last trade - 15.59pm 25/07/2024 (20 minute delay) ?
MLM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.