Yes, after reading the new statement I would say the likelihood of the merger going ahead went from:
"This would be a good outcome for all s'holders" to "This would be a good outcome for Metro SH and a very good outcome for Gulf SH"
@Valin never say never...
If I compare a merger proposal of say two Graphite explores the synergies would not be there as the needs/requirements of the various end users/their customers would be to varied, but looking at Bauxite
simple mining/ shipping process as long as the deposit has the characteristics customers are looking for
then a merger is like winning a date with Celina Gomez and Monica Bellicci at the same time
Low capex, maximize use of staff, equipment and facilities...it's looking promising
Yes, after reading the new statement I would say the likelihood...
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Last
4.7¢ |
Change
0.001(2.17%) |
Mkt cap ! $279.1M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.6¢ | $522.7K | 11.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3640922 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 2972414 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MMI (ASX) Chart |