I'm not a holder of MCE but have had it on my watchlist for a while for trading opportunities. Luckily I didn't try and catch the falling knife. Anyway I was just reading the 'Eureka Report' and there is a weekly article about takeover action.
After a table of all the offers on the ASX there is a section titled 'foreshadowed offers'. It lists MCE but in the bidder column it has 'no party' and in the notes it has 'suspended on operational and financial update'.
I came here to see if there was any information on this but to no avail. It seems strange that it is listed as foreshadowed when nothing has been mentioned that I know of in the press or elsewhere.
Thought this might be of interest.
Cheers
Ann: Trading Halt , page-26
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 26.5¢ | $3.124K | 11.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49361 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 53359 | 1 |
View Market Depth
| Last trade - 11.14am 27/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
