Up to $35 million to acquire up to a further 25% interest in the company? There is no mention of a debt position in this announcement. They are essentially pricing MLX at roughly up to 15c per share I suppose? Is this showing their hand a little strongly?
News: MLX Apac Resources Says Wishes To Be Able To Buy Metals X Shares In Potential Equity Raisings, page-8
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Last
45.5¢ |
Change
-0.015(3.19%) |
Mkt cap ! $412.3M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 47.5¢ | 45.5¢ | $596.9K | 1.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 197316 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 30784 | 6 |
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| Last trade - 14.18pm 18/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |