I was thinking similar thoughts today Geo. Though I am sure PRU would prefer their market cap to be a lot higher before undertaking any sort of move. Perhaps a 'merger of equals', like NST/SAR. Would create a 700-750k p.a producer by mid next year.
Not that I would be overly eager to see such a deal, but... unsurprisingly, the 'market' does not care much what I ponder. Only what the big institutional funds prefer.... and they prefer bigger.
WAF $2.00 Party - You're all invited!, page-756
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Last
$1.79 |
Change
-0.040(2.19%) |
Mkt cap ! $2.031B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.84 | $1.77 | $6.983M | 3.878M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27172 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 27378 | 1 |
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| WAF (ASX) Chart |