M4M 11.4% 3.9¢ macro metals limited

Surprised that the market has responded to this announcement...

  1. 191 Posts.
    Surprised that the market has responded to this announcement with caution.
    Any thoughts as to what might happen now?
    The way I take it is that a deal will happen shortly, and it will be for multiples of the current share price (presently <$30m). Remember that Burston isn't drawing a salary until a deal is done - not only does that tell us he's confident of doing better than the present offer, but he's heavily incentivised to do so.
    Bring on the next few months!
 
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Last
3.9¢
Change
0.004(11.4%)
Mkt cap ! $140.3M
Open High Low Value Volume
3.7¢ 4.0¢ 3.6¢ $642.5K 16.73M

Buyers (Bids)

No. Vol. Price($)
3 828203 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 614580 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
M4M (ASX) Chart
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