If $5 million dollars gets you 51% of the JV than another
$5 million will definitely get you the rest of the JV.
$1.279,794 owing = 25.59% of the remaining 49%.
Another $3.7 million and MCT owns 100% of Kookynie.
MCT will not need the remaining hold out NME SHs to take over
the JV, this is going to be a money saver for MCT SHs.
NME SHs will be extremely lucky if they end up with a small NSR.
I rather like this.
If $5 million dollars gets you 51% of the JV than another $5...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.392M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $600 | 300.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 134310209 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 26849436 | 21 |
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| Last trade - 13.01pm 02/09/2024 (20 minute delay) ? |
| MCT (ASX) Chart |