MinRes may now be waiting for this placement stock to be allotted and then pounce with a formal takeover bid.
It certainly doesn’t suit my book, but they may get lucky and pick up another 10/15% under $1.30 … as most shareholders close to this Board will hang tight
MinRes can’t go above 19.9% without a formal bid … unless they want to wait 6 months and then do the 3% creep.
In 6 months time WildCat will probably have defined their maiden resource at Leia and some additional RC rigs should be drilling a nice big bold pattern across Bolt Cutter.
based on Azure … you would think there is going to be plenty of investor interest following that type of exploration
MinRes may now be waiting for this placement stock to be...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $168.0M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 12.5¢ | $363.0K | 2.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 2429058 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 94920 | 3 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| WC8 (ASX) Chart |