Mirvac's low ball opportunistic bid is appalling for MRZ holders.
Even the independant consultant called it not fair.
Its the easy road for limp independant directors.
MRZ holders have held through a tough past 18 months to have a 24 % holder fleece the smaller investors.
This is a highly accretive deal to MGR.
The core portfolio of MRZ has a better lease profile and exposure to Government tenants and a longer WALE than the MGR core investment portfolio.
Even a capital raising would be a better option for MRZ holders than this.
Mirvac's low ball opportunistic bid is appalling for MRZ...
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Last
6.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.611M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | 6.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 5000 | 1 |
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| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| MRZ (ASX) Chart |
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