Short term CFE should drop by an amount equal to the takeover premium built into it's share price as Evraz is getting what it wants from MCC and has no need to takeover CFE..
Longer term CFE share price should be ok as it will be cashed up and ready to buy its next project..
just thinking out loud
evraz buys 75pc econ interest in cape from mcc, page-15
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $80.35K | 80.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 31658116 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 115578703 | 44 |
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