This just going up on speculation. Say offer price is 14 cents per share that would equate ~$160m take over over. NST has cash war chest about $300m+. If it is a cash offer it will take half of its cash and NST unlikely go into to debt. I think this unlikely. I suppose they could go for a script offer. But do they want dilute their shareholding? NST also announced that looking to take a stake at the Kalgoorlie superpit. I don't know I think a takeover by NST was an option and the they have approached the TAM board, but I thinking for NST there are better options to invest their war chest.
obviously factoring in a possible takeover offer, page-3
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Last
2.8¢ |
Change
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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 |
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| Last trade - 12.13pm 28/11/2024 (20 minute delay) ? |
| TAM (ASX) Chart |
