God forbid. A take over bid at these levels would be a disaster. We need to get the SP kicked off before it becomes an attractive option for the share holders. Obviously a circling buyer wants to pick up an asset at the lowest possible price. The trick is to build good value into the current SP and then be offered a premium on top of that. At the moment MXC is probably well undervalued and a bargain for take over hunters. Let's hope management understands the real intrinsic value locked up in this company.
Ann: MXC Operational and Strategy Update, page-27
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Last
16.5¢ |
Change
-0.120(42.1%) |
Mkt cap ! $7.986M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 15.0¢ | $58.44K | 348.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15540 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 7113 | 3 |
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