Don't really understand you guys.
a) If you really want UCL, why not sell your MAK on market where your 1.6 MAK shares are worth 24.8 cents then buy a UCL share for 18.5 cents and pocket 6.3 cents you end up 1.8 cents ahead and have certainty and the cash in your pocket now.?
b) MAK is now discount to cash backing
c)And then to throw a cat amongst the pigeons MAK is now a clean vehicle for the likes of NDMC to lob a TO bid at.
Reckon Cliff has done a ripper job to get $25 mil, the other 42% could be bought on market by buying UCL for $13 mil, so well done. The feasibility study through a spanner into the spokes of Sandpiper it's good to be out of it.
Don't really understand you guys.a) If you really want UCL, why...
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Change
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Mkt cap ! $27.04M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $70.33K | 6.762M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3701653 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 4629026 | 6 |
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