Hi All,
Lets suppose Sandfire makes a TO bid for MLX.
SFR has 160 million shares on issue at around $5.50.
If they offer 20 cents for each MLX share means 1 SFR = 27 MLX share approx.
SFR would need to issue 907,000,000 divided by 27 = 33.6 new million shares.
Anyone see this happening?
DYOR
Metals -X in play, page-50
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Last
40.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $367.0M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.0¢ | 40.5¢ | $45.58K | 112.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 160430 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 301116 | 10 |
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| Last trade - 10.28am 30/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |