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WA1 Fully Diluted 65m Shares on issue I feel $1.5b is a...

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    WA1
    Fully Diluted 65m Shares on issue

    I feel $1.5b is a conservative fair value for now
    = $23 sp
    Once MRE & Mets are released I’m expecting an offer within a couple of months

    Like I’ve said previously along with a few others I’m expecting this to get taken over before EOY with multiple players trying to buy us out

    tipping first offer will be around mid $30s
    however I believe we will get taken over between
    $75—$100
    That’s a MC of $5b—-$6.5b seems very achievable if we play our cards right


    I also think one last Raise before offers start rolling in is very likely around $22—$25 raise 3–5m shares
    Regal would be keen with a few other big players to load up one last time
    Obviously if another raise happens then the Targets above will slightly change

    Last edited by Elite_Trader: 15/05/24
 
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