Company goes private

[mining]

I have shares in a iron ore mine in the NT. Their share price went from .06 to .155 in just a few weeks. This month their quarterly statement they have said all Their income for the last and next shipments will go to the contractor
Not as healthy as the last income report suggested. It has pushed the share prices that have backed off already even lower. If they were to privatise now would the share buy out be based on the .20 high they were at, the net worth of the asset or the market price.

 

[McLovin]

I have shares in a iron ore mine in the NT. Their share price went from .06 to .155 in just a few weeks. This month their quarterly statement they have said all Their income for the last and next shipments will go to the contractor
Not as healthy as the last income report suggested. It has pushed the share prices that have backed off already even lower. If they were to privatise now would the share buy out be based on the .20 high they were at, the net worth of the asset or the market price.

It's not really different to a takeover. The price will be based on the lowest price they think existing shareholders will accept for their shares.

 

[burglar]

... If they were to privatise now would the share buy out be based on the .20 high they were at, the net worth of the asset or the market price.

Why would you imagine they will privatise?

The share price is totally independent of the intrinsic value of the company.

The only tenuous link between price and value is the suggestion that
the share price will oscillate towards true value, given sufficient time! (Months or years)