Any takeover by VEN would probably be an all scrip offer and their share price is in the doghouse too .
Frankly it would make sense to me as it would remove some costs and there would be a clearer way ahead with a bigger company .
Of course what would be the ratio might be a sticking point .
Maybe the third member of the JV might be interested to take out both VEN and MEL .
They have capacity to make a cash offer .
Both VEN and MEL look cheap based on the proposed production rates .
Any takeover by VEN would probably be an all scrip offer and...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.244M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $7.178K | 1.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1971842 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 7553244 | 12 |
View Market Depth
| Last trade - 15.37pm 19/06/2024 (20 minute delay) ? |
| MEL (ASX) Chart |