The Thiess sell down would be the one to watch... post this transaction MYE will be net cash of $25m.
M1's incremental cash required to purchase the other 50% of MYE (at 30% premium) after incorporating the net cash amount will be minimal i.e. c$25m to $30m.
If you add in a couple of strong cash flow qtrs then it will be free in a short while....
The Thiess sell down would be the one to watch... post this...
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Last
17.8¢ |
Change
-0.003(1.39%) |
Mkt cap ! $54.40M | |||
| Open | High | Low | Value | Volume |
| 17.8¢ | 17.8¢ | 17.8¢ | $4.438K | 25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 14.05pm 23/08/2024 (20 minute delay) ? |
| MYE (ASX) Chart |