I don't think they will take over anyone. However something from legt field
1) sell southdown for a $150mil
2) buy 100% of Hawsons for $30m in script. It has a MC of about 10 mil for a massive high grade deposit. But there are some tricky legal issues there now with a minority holder.
I think the board will be more focused on the largest shareholders interest, so it will depend what they want. Do they want cash, another deposit developed or something else.
What can GRR do with its excess cash, page-103
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Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $410.8M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 35.0¢ | $238.5K | 668.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 178600 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 9266 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |