MYG
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0.00% 78.0¢ mayfield group holdings limited

My gut feel is MYG/DRM would have been looking for a 10:1 deal...

  1. 71c4
    2,194 Posts.
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    23/10/14
    11:02
    Post #: 14168523
    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
    MYG Price at posting: 4.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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78.0¢ 		Change
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No. Vol. Price($)
2 2422 78.5¢
 

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Price($) Vol. No.
80.5¢ 467 1
Last trade - 11.00am 04/12/2024 (20 minute delay) ?
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