Dear All
I neglected to consider the Xtrata factor.
When (and if) Glencore / Xtrata believe in the heap leach then it is probably good bye Minara at a 30 percent premium to the market.
It is then a question of what might the "base price" be at? Assuming Lunchalot's $7 price, this would mean a takeover price in the low $9 range.
Regards Eos
target price by end of 2007, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MRE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.97 |
Change
-0.005(0.25%) |
Mkt cap ! $298.2M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.97 | $283.0K | 143.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 164983 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 30764 | 3 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| MRE (ASX) Chart |