Don't know where to post this but at least I think it is relevant to MAK. At what price would you accept a takeover offer for MAK? It is a strong possibility after a feasibility study is released. RIO will be an obvious potential suitor:
http://www.resourceinvestor.com/pebble.asp?relid=40797
"AusCo, BrazCo, RussCo, AfriCo: M&As Are Set to Continue
By Jackie Steinitz
27 Feb 2008 at 02:47 PM GMT-05:00
LONDON (ResourceInvestor.com) -- The increasing importance of M&A activity in the mining sector has been a recurrent theme at recent resources conferences around the world.
....
Meanwhile the majors will seek to take out anything of size including the mid-caps without a takeover shield, the small caps with world class projects and, of course, each other! Haughton foresees a world with just four super majors; an Australian major “AusCo” (comprising BHP and Rio), a Brazilian-based “BrazCo” (Vale and Xstrata), “RussCo” (perhaps Norilsk and others) and AfriCo (Anglo plus others)."
takeover premium
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $11.74M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $13.55K | 2.710M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3839896 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 8991525 | 12 |
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