I totally agree. MVT's misunderstanding of how the resources and energy industries work, highlights their opportunistic move.
Its standard that all takeovers for resources and energy companies attract a minimum of at least 30% premium, whilst they are offering a puny 15% premium. This isn't the same takeover of financial companies such as those of Perpetual buying out Trust Company or EQT's attempt of TRU.
They just think they can buy in cheaply and disband the company and get more cash then what they can buy in?
Good luck MVT.
I totally agree. MVT's misunderstanding of how the resources and...
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $5.757M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $2.724K | 248.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1551000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 634987 | 1 |
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| Last trade - 12.55pm 03/12/2024 (20 minute delay) ? |
| GLL (ASX) Chart |
