This is true but I believe for Oz to throw $18m at HAV to further research then OZ would be pretty happy with what they see on paper and just want to do a bit more of their own further research.
Even just the Alliance with OZ I believe is worth the 50% jump. To be at the table with a huge mining company that runs a couple big South Australian mines and having the rich land HAV has in south Australia is a great recipe for success!
Obviously still speculation on the whole situation and it could still go south in 18 months time, but they could also strike some better news with this $18m to burn through drilling.
All my opinion it’s a gamble, enjoy!
Takeover ?, page-6
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Last
21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $68.78M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 21.0¢ | $15.41K | 73.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30000 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 19581 | 1 |
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| Last trade - 12.15pm 04/10/2024 (20 minute delay) ? |
| HAV (ASX) Chart |