So what’s the best guess here? They already have an offer in total of AU$120m ( incl royalty).
I would be happy with $150m upfront by 31 May. Pay out 85%. That’s 67 cent distribution to shareholders. We still then have remaining market cap of MTC with the Canada asset and a cash backing of 12 cents a share.
that would be fantastic.
Ann: Security Purchase Plan Offer Letter, page-33
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Last
22.5¢ |
Change
-0.015(6.25%) |
Mkt cap ! $44.08M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 22.5¢ | $23.23K | 99.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 87064 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 25000 | 1 |
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| Last trade - 13.32pm 04/07/2024 (20 minute delay) ? |
| MTC (ASX) Chart |