MMX 0.00% 4.7¢ murchison metals ltd

murchison looks to put up 'for sale' sign, page-3

  1. pp
    2,345 Posts.
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    I was surprised seeing more than $40...I have now no doubt that the figure said by Clinger is right because his $6 b cost blowout was upto the mark...$74 seemed good price and I was out for a while as I dont think sino wll come back for more than $40...it was initially expected to be around $30...its 25% more than anticipataed...FIRB approval discussion seems to me that takeover wont be easy process and it will certainly take more than six months to get government approval...its not in a single person hand...expect free fall if not today then soon...
 
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Currently unlisted public company.

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