A change in control announcement will basically inform the market NMG is for sale so there is still a chance of a counter offer if there is a low ball offer. Who knows the delay in the announcement could be due to a bidding war behind close doors..... yes I know wishful thinking.
Our SP is a reflection of running out of cash not the quality of the project so to think there could be a few interested is not completely unrealistic.
suspension from official quotation, page-3
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Last
$1.08 |
Change
0.010(0.93%) |
Mkt cap ! $329.2M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.11 | $1.06 | $764.6K | 702.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11025 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 3526 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ACF (ASX) Chart |