from what nickel industry people are saying to me based on the figure norilisk has paid for lionore this values MRE's share price at approx $16/share!!!!
we are only just half that price at the moment,more upside to come IMHO,as usual offshore players value resource stocks higher especially producers such as mre,who said the market is always right????
Bring it on there will be more M&A action over comming months in our resources market i am sure.Watch the market scramble when it comes.
mre valuation re norilisk bid for lionore
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Last
$1.97 |
Change
-0.005(0.25%) |
Mkt cap ! $298.2M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.97 | $283.0K | 143.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 164983 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 30764 | 3 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| MRE (ASX) Chart |