guess on NMDC offer - there are approx 250,000,000 ordinary LCY shares, so if NMDC wanted a 50% stake of LCY that's how many shares it would have to be issued: if it wanted 25% of LCY then half of that......
my guess would be that for a 50% stake NMDC would offer 20c per share, and if they wanted a 25% stake then 25c per share - that's top weight for me. The 50% stake would give LCY $50m to play with, the 25% stake $31.25m..... both acceptable I'd say in the current climate - it's just not like a few years ago when companies were throwing money around - in today's environment getting a $50m bag of money is no easy thing, and I reckon LCY would grab it.....
just my opinion.
what's your guess on nmdc deal, page-31
-
- 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 LCY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1021250 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1963860 | 10 |
View Market Depth
| Last trade - 16.12pm 31/07/2024 (20 minute delay) ? |
| LCY (ASX) Chart |
Day chart unavailable