Hi Guys,
Good to see some informed discussion.
I have emailed Mr Damien Marantelli seeking clarification of the Renison JV. In particular I want to know if a partner can refuse an offer.
Funkyroski has suggested that an offer can be refused.
If that is the case, I agree with Nabaru01 the likely option now is a hostile takeover. I also think that MMG is/was the likely candidate. I speculated that this was these case on a previous post. I viewed APAC as the Trojan horse so voted against a board member.
So a large number of shares are being sold at 10/11 cents, at a loss, and below what we think is market value. No buyer or seller has logged a Substantial Holder notice - so no one over 20% or no new holder over 5%.
If someone can put all this together and explain what is going on I would love to know.
DYOR
Hi Guys,Good to see some informed discussion.I have emailed Mr...
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $335.2M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.5¢ | 36.5¢ | $472.2K | 1.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 187752 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 20316 | 6 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |