Makes bloody sense though...
Those 200m plus hits were unreal. There worst hits even trenching is better than the best players in the space. Its best for the big boys to take it over now rather than paying multiples later on.... asset is real hence pay pennies now as compared to what it could be in 6 months time when resource is Jorced and more drilling is done.
Not the best outcome for holders as small caps do come good very rarely and then they get taken over before the value is less than half realised. Don’t get me wrong still a great outcome if and when happens but it would be rather better if it happens in $$$ rather than cents...
