Depends on how much MCT wants it. This is just there first offer NME may come back with a counter offer of 5.2 per share. The conversion of 4.81 is just the start and looking at the NME share price over the last 2 years it is low ball. They have timed the offer well.
Ann: Metalicity Proposal to Nex Metals Shareholders, page-15
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $13.45M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $344 | 114.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 42703083 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 74009083 | 61 |
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| Last trade - 10.04am 19/07/2024 (20 minute delay) ? |
| MCT (ASX) Chart |