Depends who it is IF there is a takeover talk to begin with..
If its a company like Liongold forget about it as it is a very low ball offer.. Just look at SBL and how the directors shafted the shareholders after numerous C/R hmmmm do I see a similar story here...
IMO- If there a T/O needs to be from a proven producer with the cash to back it up with... Maybe it could be merger talks, but who knows with these guys really..
I noticed IVA announced a 50 million dollar loan facility from its major holder Ivanhoe mines.. If there is no takeover or merger, best thing NMG can do is secure another loan facility.. Big question does management believe they can get NMG to a healthy profitable producer with good margins? If so why not go for a loan facility? Perseus has a loan facility.. But then again you can't compare management of Perseus to Noble. Like chalk and cheese...
waiting, page-33
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ACF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.14 |
Change
-0.005(0.44%) |
Mkt cap ! $342.0M | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.15 | $1.13 | $371.5K | 326.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6147 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 1896 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| ACF (ASX) Chart |