EQX equatorial resources limited
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29101971"With the E/V of EQX now so low why wouldn't Exxaro just...

  1. squidd
    3,910 Posts.
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    12/06/13
    18:55
    Post #: 11878011
    29101971

    "With the E/V of EQX now so low why wouldn't Exxaro just try and take it over?"

    They could try, but with 80%+ of the shares held by the top 20, no low ball bid is going to be entertained.

    Why would holders sell into an Exxaro bid?
    EQX Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
14.0¢ 		Change
-0.010(6.67%) 		Mkt cap ! $18.40M
Open High Low Value Volume
14.0¢ 14.0¢ 14.0¢ $3.5K 25K

Buyers (Bids)

No. Vol. Price($)
1 10000 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 98509 1
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Last trade - 10.02am 20/06/2025 (20 minute delay) ?
EQX (ASX) Chart
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