Can anyone add any further details, I have heard that MMX are seriously considering a scrip bid for CHM.
The resons being given are:
* Put this issue to bed;
* Presure from insto shareholders;
* The dollars at risk if they lose the case.
Personally, i can not recall of a company running to takeover plays at the same time.
Perhaps this is what will get the stock price to the much talked about 20-30c range.
will wait and see.
Smythers
chm and mmx
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.951M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $4.67K | 466.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4027203 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 779317 | 10 |
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| Last trade - 14.09pm 15/11/2024 (20 minute delay) ? |
| CHM (ASX) Chart |