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0.00% 4.7¢ murchison metals ltd

I did not accept, but today's announcement says October 4. Looks...

  1. nicleeson
    2,300 Posts.
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    01/10/13
    11:43
    Post #: 12392614
    I did not accept, but today's announcement says October 4. Looks like quite a lot accepted. I haven't crunched the numbers yet, but from memory was the previous NTA around 4.6? If that was the case the buyback at lower than NTA might bring it up to 4.8? Whatever the case the NTA will increase.
    If I was a betting man I think MVT may sell some of it's INA exposure then launch a full takeover bid of MMX at the NTA?
    Interested in other's thoughts.
    MMX Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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