I know the value of the asset. I know that the BOD want some money for the asset. I also know another asset with a lot less went for $US2.5B.I also know that the price will be more than giving it away. I also know that Vale needs the asset. They don't have to deal but they have to. What value the deal ends up with, it will make the share price a lot higher than today's price. My only fear is that the BOD leave too much on the table.
A wise saying is A bird in the hand is worth two in the bush. We take the deal, take the money off the table and go to greener pastures.
I know the value of the asset. I know that the BOD want some...
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.96M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110000 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 20000 | 1 |
View Market Depth
| Last trade - 10.48am 20/06/2025 (20 minute delay) ? |
| CLE (ASX) Chart |
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