You do ask the question that I've started to think more about.
Not who would, but who could!?
A bidding war would be great, but are there really 2-3 big players who could afford a seat at the table?
Newmont and Barrick are by far the largest two players, and they've each got about $5bn USD cash positions, and about equal debt. I'd suggest that selling DEG to these guys on a cash only transaction is unlikely... It's just too much cash!
so therefore any takeover must surely be shares or cash and shares. That opens up possibilities a bit more, and allows for more chance of a bidding war, but I do feel we might be nearing the point where we just get too expensive to take over, certainly if there's other Hemi 2.0+ found before an MRE
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Last
$1.21 |
Change
0.055(4.76%) |
Mkt cap ! $2.899B |
Open | High | Low | Value | Volume |
$1.19 | $1.21 | $1.19 | $9.324M | 7.770M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 33645 | $1.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.21 | 12149 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 1.200 |
1 | 15775 | 1.195 |
1 | 8000 | 1.185 |
4 | 9000 | 1.180 |
1 | 30000 | 1.175 |
Price($) | Vol. | No. |
---|---|---|
1.215 | 16264 | 1 |
1.220 | 260432 | 12 |
1.225 | 46689 | 6 |
1.230 | 134917 | 11 |
1.235 | 43775 | 3 |
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