Whatever pinto
All this means is that they get the other 49% cheaper down the track
The Chinese aren't sitting on Comsec all day refreshing their watchlist every 5 seconds
Smart move to keep the operational side of things as is. Existing management know the assets. Buy 51% now, wait til share price gets to 2c, then take out the rest
Show me another example where Chinese have taken controlling interest in a mining company and the share price has appreciated substantially down the track? I challenge you
Brockman Wah Nam comes to mind here. Time will tell
Cheers
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Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 52454 | 13.5¢ |
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Price($) | Vol. | No. |
---|---|---|
15.0¢ | 2100 | 1 |
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No. | Vol. | Price($) |
---|---|---|
2 | 52454 | 0.135 |
2 | 20009 | 0.130 |
3 | 62595 | 0.120 |
2 | 18181 | 0.110 |
1 | 8571 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 2100 | 1 |
0.155 | 14055 | 2 |
0.160 | 37300 | 2 |
0.165 | 71956 | 3 |
0.175 | 16889 | 3 |
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