There will always be a discount applied to the share price by reason of the controlling shareholder group(APAC Resources/Allied Properties) - this discount applies to other listed ASX companies such as MLX, TAM where this shareholder group have control.
Here is a very old article that perhaps you should read:
HOW TYCOON LEE IS SURVIVING - Google this
There should be a relief rally once the details of any major purchase are revealed as long as they look positive for all shareholders.
Resumption of dividends might not have a positive effect on the share price due to the short mine life as they'd only be paying a dividend for a couple of years - some might say that it would essentially be capital return payments.
Your other points have no effect in my book on this share price.
There will always be a discount applied to the share price by...
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Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $522.4M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 42.3¢ | $1.579M | 3.699M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 367261 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 8769 | 4 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
43.0¢ |
Change
0.000 ( 1.06 %) |
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| Open | High | Low | Volume | ||
| 43.0¢ | 43.0¢ | 42.5¢ | 529493 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| MGX (ASX) Chart |