Unfortunately for us small holders Squader " Peter Bird is presenting at the Mining Journal Select London conference at 12:50 UK time today.I guess the presentation will appear on the RXM website soon.I am hoping it will generate some international interest.
A thief in the night will likely swoop, paying not much!Iron ore billionaire and green energy crusader Andrew Forrest has just fired the starter’s gun on what’s likely to be a wave of merger and acquisition (M&A) activity among small miners.
Forrest’s $760 million bidfor nickel minerMincor (ASX: MCR)is set to succeed, not because it’s a particularly generous offer, it’s more case of him having liquid cash firepower at a time when financial markets are in turmoil.
The offer was pitched at $1.40 and there is a new valuation of $1.95 on Mincor from Royal Bank of Canada (RBC) which described Forrest’s proposal as “opportunistic”.
It clearly is because Mincor was trading at $1.85 just two months ago.
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Last
25.3¢ |
Change
-0.008(2.88%) |
Mkt cap ! $193.8M |
Open | High | Low | Value | Volume |
26.0¢ | 26.5¢ | 25.0¢ | $76.36K | 295.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 636317 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 75000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 636317 | 0.250 |
2 | 224000 | 0.245 |
8 | 198753 | 0.240 |
4 | 42931 | 0.230 |
4 | 105827 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 75000 | 1 |
0.260 | 140950 | 3 |
0.265 | 282051 | 7 |
0.270 | 36038 | 2 |
0.275 | 213571 | 4 |
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