MRU mantra resources limited

The proposed merger between MRU and MAV suggests that a cheap...

  1. 445 Posts.
    The proposed merger between MRU and MAV suggests that a cheap entry into MRU is through MAV.

    You do the sums MRU Close 1.45


    MAV Close .50

    Values MAV 1.45/3 For share + 1.25/5 for Option

    Therefore MAV should be worth 73c if/when the merger goes ahead

    That a 30% discount
 
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