43% gives you influence, 50% gives you clout. 51% gives you control.
Once and if they get KAH, the Chinese can suck up the free float and then they have the stick. Rio (or anyone else) must move immediately CGNPC take out KAH (if not before) and Hohnen knows it as well as everyone else. The Chinese don't need to own the whole company, just the board room. Hohnen knows this too and is perfectly placed to begin the auction.
I find it almost childishly transparent that MH has just come out with a public reminder to anyone listening, that EXT on current TO metrics is worth $16. IMHO the idea that he would then recommend KAH take 270p/EXT sub$10 if re-offered is absurd in the extreme. He is publicly and very emphatically throwing down the gauntlet with a bonus 'clue', to not only CGNPC but anyone else waiting in the wings and wondering 'well what exactly would it take for you guys to walk'...All IMVHO of course.
mmm Nov 11. Mustn't forget to take the ipad with me...
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- rio tinto's bid for hathor =$16 for ext
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Last
1.1¢ |
Change
0.002(22.2%) |
Mkt cap ! $22.79M |
Open | High | Low | Value | Volume |
0.9¢ | 1.1¢ | 0.8¢ | $147.8K | 16.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2792892 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 2872357 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2792892 | 0.009 |
3 | 1200000 | 0.008 |
6 | 2508700 | 0.007 |
3 | 1350000 | 0.006 |
2 | 1280000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 2797357 | 6 |
0.012 | 2915556 | 4 |
0.013 | 314500 | 2 |
0.014 | 1000000 | 1 |
0.015 | 200000 | 1 |
Last trade - 15.56pm 18/06/2025 (20 minute delay) ? |
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EXT (ASX) Chart |
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