Todays note in SMH that Felix resources have been offered around 3.7Billion by Chinese outfit confirms China still is keen to grab under-valued Aussie companies. NUF offers market-share and stratigic importance that Felix can only dream-of. i remain confident the TO being canvassed re NUF will go-ahead and now reckon it's a 80% probability. Felix will get at least a 20% premium to its SP from China. i don't expect any different re NUF. BUY IMO.
probability of takeover increasing
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Last
$4.62 |
Change
-0.040(0.86%) |
Mkt cap ! $1.766B | |||
| Open | High | Low | Value | Volume |
| $4.54 | $4.64 | $4.54 | $4.804M | 1.040M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 708 | $4.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.64 | 2217 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| NUF (ASX) Chart |