The Board would have an obligation to put the best offer going to their shareholders. MLX would have zero grounds to make a stand, other than perhaps to force TAM to put their offer to the shareholders, which would be voted down, given the shareholders' knowledge of a better offer, and so why would they bother pushing the point. They would, of course, be free to up the ante, and make an even better offer.
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.60M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.8¢ | $40.13K | 1.422M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1052557 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 500000 | 1 |
View Market Depth
| Last trade - 12.13pm 28/11/2024 (20 minute delay) ? |
| TAM (ASX) Chart |
