It seems like a zero sum gain though for existing shareholders as I cannot see the market valuing the non-gold side at $1.70/2 = 85c especially once the gold guys sell their unwanted shares so if the gold side lifts and the non-gold side tanks then how are shareholders any better off and they've likely been diluted 12.9% from last week to boot.. AND they will be paying for 2 sets of management/boards etc..
It seems like a zero sum gain though for existing shareholders...
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Last
64.5¢ |
Change
-0.005(0.77%) |
Mkt cap ! $571.7M | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 65.0¢ | 62.0¢ | $1.536M | 2.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 62039 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 77451 | 3 |
View Market Depth
| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |