MGV musgrave minerals limited
Add to My Watchlist 0.00% ! 39.0¢

LW,By turning down WGX and accepting a higher offer means they...

  1. wassa
    3,932 Posts.
    lightbulb Created with Sketch. 1903
    clock Created with Sketch.
    04/07/23
    09:12
    Post #: 68602476
    LW,

    By turning down WGX and accepting a higher offer means they already have added 4c to the original bid, also remember MGV was low 20’s the day before this all started.

    The acceptance is based on “no further improved offer” so essentially they are tempting WGX into a higher bid … whilst they have set a floor price they have not closed off any further upside.

    The market will decide the value.


    MGV Price at posting: 33.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Friday's HotCopper trends: Renascor concentrate, Larvotto raise
right-arrow Created with Sketch.
AII Analyst Buy Rating: Leading the Charge in Securing the Tungsten Supply Chain
right-arrow Created with Sketch.
NEWS Mandalay Shareholders Overwhelmingly Approve Transaction with Alkane Resources
right-arrow Created with Sketch.
NEWS The 10 hot stocks HotCopper users watchlisted in Week 30
right-arrow Created with Sketch.
NEWS Harness the power of Australia’s leading investor community
right-arrow Created with Sketch.
NEWS LISTEN NOW: HotCopperWire, our market watch podcast!
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.