Your point about the $1.5M backed option to acquire 1% highlights that the price here is 1% for $2.2M Aussie or equivalent to $200M market cap, which is actually what I was expecting to happen on Thursday when the announcement hit.
Hopefully that's where head after the volume clears.
Ann: Woodside Enters Into Exclusive Option on Namibia PEL 87, page-159
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Change
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Mkt cap ! $170.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 186956 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 809000 | 5 |
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