"A biilion to build Hopefull4ever."
How much will Tropicana give them if they sold ? Around a billion ?
Looks like 6 options?
1 - Sell Tropicana to fund.
2 - Merger.
3 - Get Taken over.
4 - Sell McPhillamys.
5 - Wait.
6 - Borrow 1 Billion and mine McPhilamys.
Did the price drop today because they are considering option 6?
I hope not, my personal worst preferred option is 6. Debt is toxic today.
Ann: McPhillamys DFS Confirms a Robust Project, page-20
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Last
$1.87 |
Change
-0.045(2.36%) |
Mkt cap ! $1.408B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.92 | $1.87 | $3.016M | 1.607M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 57101 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 3925 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |