I cant see the issue.
Its an MOU. Might not even happen if the ML doesnt come through. If the ML does THEN actual legal agreements get drawn up. So theres plenty of time to comment then.
Even if it all went ahead and Shenghe wanted to do a take over. Its regulated and fair and a full market price would be paid post ML and post feasibilty. In fact a price more than market value would be offered because if SH objected to a low ball price. Then Shenghe would risk being locked out and stuck having to keep upping the offer repetitively while the market buys in knowing Shenghe wants it.
I cant see anything but major advantages all around if you are looking to make fast returns.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.58M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $2.662K | 126.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 859947 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 150852 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 859947 | 0.021 |
7 | 2025000 | 0.020 |
4 | 938488 | 0.019 |
1 | 55610 | 0.018 |
1 | 1000000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 150852 | 3 |
0.024 | 856462 | 2 |
0.025 | 845212 | 7 |
0.026 | 483329 | 1 |
0.027 | 931057 | 2 |
Last trade - 15.59pm 30/08/2024 (20 minute delay) ? |
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