In $ terms for the actual takeover it might be splitting hairs but any dilution before production is a negative and this is unexpected and unnecessary dilution. I'd be more amenable if the MAK share price was strong but it's barely hanging on to 40c.
Ignoring that it's a bad look from the directors who told us they were focussed on Wonarah.
the how of marine phosphate mining, page-5
Add AEV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $32.44M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $78.21K | 6.500M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2963545 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 378238 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| AEV (ASX) Chart |