MII
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0.00% 13.5¢ meridian minerals limited

mii 0.14 takeover offer, page-15

  1. tammyc
    4,272 Posts.
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    20/07/11
    15:57
    Post #: 8702051
    AT $0.20 the takeover offer is around $97 mill the chinese firm own 42% so 42% of $97 mill is 40.75. 97 -40.75 = $56 million if they were willing to pay $78 mill that means $78 = 58% so its a equation meanining they can bid ($0.27 $132 mill) a share which would mean they pay remander of share holders $78 mill
    MII Price at posting: 11.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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