I guess if someone purchases a majority interest in Stella, then this will allow the company to either operate as a whole with reduced gearing ratios or split the two as originally planned, then possibly going ahead with a merger after all, whether it be with CIY or another company.
Either way, looks like a rebound will be instantaneous when the announcement is out. Holders/buyers on Friday no doubt didn't sleep easy over the weekend. I dare say Friday's sellers and shorters will now be feeling the heat.
- Forums
- ASX - By Stock
- tradn halt
MFS
mfs limited
I guess if someone purchases a majority interest in Stella, then...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MFS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online