re: Ann: UCL: Third Supplementary Target'... A takeover bid for MAK is highly likely at this SP, with the cash levels that the company has and the proven Phosphate reserves, it won't be too long for another company to place a bid similar to the proposals noted by HotR today.
I wouldn't like to see the company taken over at 50 cents but I believe other shareholders would turn their shares over fairly quickly. This is not a good place to be in for those who are looking at the bigger long term picture with upside.
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0.4¢ |
Change
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Mkt cap ! $9.396M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $37.30K | 9.294M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 7037099 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1677255 | 4 |
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