Just a thought, but what are GNM going to do with the A$50m they just raised and announced to ASX today? Is it a slight possibility that they will now make a proper bid for REY and make it a slam-dunk bid effort with a cash and equity offer. If they were to make it half cash and half GNM shares they would still be buying a very very cheap asset (I think so anyway). I do not even think that would be enough but this may then bring out other bids and away we go. Maybe, maybe not!
Just speculating on possible scenarios here. I have been very wrong before so do your own research and make your own decisions.
Just a thought, but what are GNM going to do with the A$50m they...
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.616M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500499 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 280 | 1 |
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| Last trade - 16.12pm 14/10/2024 (20 minute delay) ? |
| REY (ASX) Chart |
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