Post tax NPV (8) was stated by the company as USD$916m, so converting that at today's exchange rate is AU$1,417b. So, we're already looking at a takeover of circa AUD$4 on the 50% NPV premise.
With up to 6 rigs running for the next 5 months, and assuming continued resource expansion, surely this gets us close to a takeover circa AUD$6 minimum.
DYOR, GLTAH
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$2.66 |
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Mkt cap ! $745.1M |
Open | High | Low | Value | Volume |
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---|---|---|
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1 | 803 | 2.630 |
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1 | 803 | 2.610 |
2 | 3803 | 2.600 |
Price($) | Vol. | No. |
---|---|---|
2.690 | 803 | 1 |
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