will,
if MAK accept UCL's offer this will give them approx 43.5% of UCL (which would then presumably have gobbled up BON as a result of MAK handing over 85% odd of BON that it holds currently).
therefore MAK will have 43.5% of the UCL/BON share of the namibian project J/V. tungeni will still have their 10pc or whatever it is.
the existing UCL shareholders will still have the rest of the UCL/BON stake.
it doesn't really improves MAK's stake in the J/V per se - but it gives them a huge chunk of UCL at the same time.
like i said before, if it makes commercial sense to drummond and co then it might be something they will investigate.
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ucl gets 5pc of bon, page-15
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1.2¢ |
Change
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Mkt cap ! $32.44M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $11.68K | 973.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 749776 | 1.2¢ |
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Price($) | Vol. | No. |
---|---|---|
1.3¢ | 731076 | 4 |
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No. | Vol. | Price($) |
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2 | 749776 | 0.012 |
10 | 3109322 | 0.011 |
8 | 5025002 | 0.010 |
6 | 3677722 | 0.009 |
8 | 3117999 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 731076 | 4 |
0.014 | 2383982 | 8 |
0.015 | 2574172 | 10 |
0.016 | 11160352 | 15 |
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