Hey capt,
I have a great idea.
Let's buy control of ERN Erongo, with help from all the Bannerman Boys.
That can't cost more than a few Million.
We then make a takeover bid for BMN at $20.00 a share, so we all make a ton of money selling our BMN.
We then issue more paper of Erongo to pay off the takeover debt.
It will add a ton of shares, but since we have control, we still would have a big stake in the combined companies, which of course would contain the BMN deposits.
It would be like selling BMN to ourselves for a ton of cash and keeping the deposits of BMN.
Just dreaming of course.
uranium spot price up 5 percent, page-5
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Last
$3.03 |
Change
-0.040(1.30%) |
Mkt cap ! $532.5M | |||
| Open | High | Low | Value | Volume |
| $3.02 | $3.12 | $2.98 | $4.004M | 1.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 516 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 700 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |