ZFX is cashed up with $mega & with its merger partner OXR is looking for as yet un-named takeover targets. I wonder what comes to the mind of OXR's Owen Hegarty [OH] & ZFX's Andrew Michelmore [AM] when they think about takeover targets:
. High quality but under-developed assets [copper, gold, etc]
. Companies unable to adequately fund identified projects
. Growth potential - near, short & long term
. Depressed SP
. Minimal debt
. Questionable mgt easily replaced => takeover synergies
IMHO TMR now qualifies as a takeover target [I also hold OXR & ZFX].
4YIO - NFA
ZFX is cashed up with $mega & with its merger partner OXR is...
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0.4¢ |
Change
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Mkt cap ! $3.608M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $8.635K | 2.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 25468918 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5816936 | 8 |
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| Last trade - 15.41pm 05/11/2024 (20 minute delay) ? |
| SMM (ASX) Chart |