Australian (ASX) Stock Market Forum

MIS - Midwest Corporation

I don't know a lot about MIS so perhaps someone in the know can explain why the MIS shareprice is nearly double MMX's SP?

Poor old MMX's share price has been down being the predator, and MIS up and up being the prey. I know a lot of MMX sold and bought MIS some time back, and in hindsight, that was smart thinking. I wasn't so smart. As a MMX shareholder, I feel a bit sad today.....(more discount to our share price) however, I must think long-term, and it will be all good.

MMX has indeed excellent management. MIS shareholders have indeed had a good run in their share price.

Now I guess it is up to sinosteel to put a spanner in the works.
 
Perhaps Sinosteel still want MIS and with MMX still rather low......well who knows what might happen eh?;)
 
What is going to happen with MIS shareholders and their stakes if the merger becomes effective? Are they actually going to merge or MMX is taking MIS? Could someone please kindly explain this to me (newbie):p:
 
Midwest Corporation

Here's an excerpt from Sinosteel's website. Look at the eighth last line:

Is this the first corporation in Australia with an office in it for a political party?

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Currently →Home > About Sinosteel> Organizational Structure




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