You don't worry about what the other party's situation, you do your own calculations. A successful merger will increase the market capitalization many times more than what it is now. It will be a company more sought after by institutions. It lends stability to DYL, the fact that it will have mines in a tier 1 mining country like Australia. A lobb in sweetener may help sway VMY shareholders to join the party, after they will be participating and still own VMY in directly. It is a plus plus for both parties.
Ann: Shareholder Update on Offer to Merge with Vimy, page-26
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Last
94.0¢ |
Change
-0.055(5.53%) |
Mkt cap ! $911.2M | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | 99.5¢ | 94.0¢ | $3.367M | 3.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 72203 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 55997 | 6 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| DYL (ASX) Chart |