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
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $15.52M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 1.8¢ | $52.52K | 2.715M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1129118 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 280000 | 1 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| CHM (ASX) Chart |