AXM 0.00% 1.1¢ apex minerals nl

Call me stupid, but if AXM have been given an offer for $50m,...

  1. 4,154 Posts.
    Call me stupid, but if AXM have been given an offer for $50m, shouldn't the market cap be trading at closer to that?

    Or is this deal not expected to eventuate?

    Or do they have a tonne of debt over their heads?

    TIA
 
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Currently unlisted public company.

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