I happen to believe (along with more knowledgeable people than me) that either Sibelco or Imerys will launch a takeover bid before the DFS is released at the end of the year.The value of the halloysite is astronomical and even a 20c bid for ADN will be cheap in their eyes.
This was posted by Harry Kane on the mep thread:
this takeover theme has my interest as i wonder if he’s has contacts regarding this.
I happen to believe (along with more knowledgeable people than...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $13.01K | 1.653M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 22348325 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 8394400 | 7 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| ADN (ASX) Chart |