MOS 0.00% 16.5¢ mosaic oil nl

Have I got this right.MOS have more than 630 million shares on...

  1. 5,363 Posts.
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    Have I got this right.

    MOS have more than 630 million shares on issue.

    They had cash at end of March quarter of $21m. They have a further $11m coming in from the sale of an asset in PNG.

    Maybe they end up accepting the 15c/share bid (which is after all at a huge premium to previously traded price). However they also return capital to shareholders (or pay a dividend) of about 4c or 5c a share which the shareholders get to keep.

 
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Currently unlisted public company.

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