ADN 7.69% 0.6¢ andromeda metals limited

Strongly doubt MLX/WGR will takeover ADN. The only asset of...

  1. 6,439 Posts.
    Strongly doubt MLX/WGR will takeover ADN. The only asset of interest would be Rover, therefore an asset sale would be the most likely option IMO

    Expecting a sale of ADN's Rover in cash ($2-3m?), or scrip, or a combination of the two

    A real pity ADN couldn't get that Peninsula float away, things would have turned out a lot different

    Cheers
 
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Last trade - 15.58pm 08/11/2024 (20 minute delay) ?
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