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4.2¢ nex metals exploration limited

Ann: Proposed Acquisition Terminated, page-6

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madau

219 Posts.

65

16/07/24

13:04

Post #: 74773931
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Originally posted by AppinTR: ↑

This was a huge acquisition for NEX, I don't think Ken would be pleased it has fallen over.

There was not much in it for Iris when you look at the deal. Iris would have been diluted immediately & significantly given NME's requirement to either issue shares in lieu of payment to directors and CR activity.

Once the deal was announced their would have been a few phone calls from other interested parties I believe.

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I disagree with your first sentence, if you read the wording of the announcement it looks like Nex chose to let the deal expire.

NME Price at posting: 2.6¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 4.2¢		Change 0.000(0.00%)		Mkt cap ! $11.43M

Open	High	Low	Value	Volume
4.3¢	4.3¢	4.2¢	$2.801K	66.68K

Buyers (Bids)

No.	Vol.	Price($)
1	96320	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	75000	1

View Market Depth

No.	Vol.	Price($)
1	96320	0.041
1	80000	0.025
1	500000	0.015
1	999930	0.001
0	0	0.000

Price($)	Vol.	No.
0.043	75000	1
0.044	10000	1
0.045	1250000	1
0.047	48379	2
0.048	10000	1

Last trade - 14.49pm 07/10/2024 (20 minute delay)

NME (ASX) Chart