> Why would they pay $500 million for 50% when the whole company is worth less than $100 million?
Because they want the resource, and supply is inelastic.
nmdc to acquire stakes in 3 mines down under, page-26
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Change
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Mkt cap ! $29.74M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $22.98K | 2.042M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3935000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 200000 | 1 |
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