MYG 0.00% 78.0¢ mayfield group holdings limited

ASL Republic, page-6

  1. 2,194 Posts.
    lightbulb Created with Sketch. 13
    My gut feel is MYG/DRM would have been looking for a 10:1 deal and a couple of fluffed up jobs for MYG management. I base this on a 40% premium to the last 5 days trading in MYG shares making them valued around 5c for the merger.
    The share price run up probably threw a spanner in the works, maybe even sunk the deal.

    Time will tell

    71
 
watchlist Created with Sketch. Add MYG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.