MBN
Click for more information
0.00% 8.3¢ mirabela nickel limited

So by my reckoning Wellington can acquire another 100 million...

  1. Lord Spesh
    1,102 Posts.
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    07/08/15
    10:48
    Post #: 15767410
    So by my reckoning Wellington can acquire another 100 million shares before they hit the 20% threshold that would stop acquisition and potentially force a takeover bid.

    I'm not convinced they will launch a bid. I suspect they are buying for growth. I guess time will tell but it could take a while if they are happy to accumulate slowly.
    MBN Price at posting: 10.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

CUV British study shows Clinuvel drug effective on DNA of UV-damaged skin
right-arrow Created with Sketch.
SXE SCEE boosts Synergy deal by $50M for Collie battery project
right-arrow Created with Sketch.
ITM Fast-track assaying yields 182 g/t gold for iTech at new NT play
right-arrow Created with Sketch.
RZI https://hotcopper.com.au/news/asx-news/149063/fast-track-assaying-yields-182-g-t-gold-for-itech-at-new-nt-play/
right-arrow Created with Sketch.
AWJ Auric jumps 10% on maiden cash sales in Q3CY24 and firm guidance
right-arrow Created with Sketch.
ARU Cashed up Arafura locks in $171M German export agency deal; locks in NdPr offtake for wind turbines
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MBN (ASX) to my watchlist

Currently unlisted public company.

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