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Don't assume the votes against NME mean those holdouts will...

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MrAu

4,102 Posts.

1338

01/04/22

12:44

Post #: 60577926
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Originally posted by kakkoi9999: ↑

Given the range of AGAINST 45.75%-56.20% definately a win for MCT. MCT hold approx 32% in NME so there are at least approx 14% on the against side still twiddling their thumbs whom havnt taken up the MCT offer. Wont be long for say another 4.25% to make its way across and 50%+ controlling factor MCT favour. As to expect MCT to increase their TO offer highly unlikely given the additional spend MCT have now incurred (as per NME declining to/and or able to contribute any further funds into the JV). I agree, dont expect to see any further drilling data or MRE given the failure to contribute to the said JV.

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Don't assume the votes against NME mean those holdouts will accept the offer. NME holders told the BoD what they thought of the conflict. That's all. MCT started this dispute and must end it

MCT Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 2.3¢		Change 0.001(4.55%)		Mkt cap ! $14.22M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$15.44K	701.8K

Buyers (Bids)

No.	Vol.	Price($)
5	1510167	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	45835	1

View Market Depth

No.	Vol.	Price($)
5	1510167	0.021
9	850000	0.020
1	184000	0.019
2	499996	0.012
6	1474996	0.010

Price($)	Vol.	No.
0.023	45835	1
0.024	162260	2
0.025	200000	1
0.026	1262489	3
0.028	200000	1

Last trade - 16.10pm 13/11/2024 (20 minute delay)

ARI (ASX) Chart