good info guys - very interesting indeed.
Legend has a similar # of shares on offer (224 M) so that valuation put the Legend SP at about $2 to $4 per share.
They're currently at $1 - so still agood rise.
So MAK's larger resource valued at.....?
No doubt Gutnick can spin a great sell - and has George Soros on his shareholder register.
His development plan was strike a cornerstone partner early, then worry about resource definition later.
His method takes the financing and sales risk out of the equation - hence their SP at $1 - vs MAK of mid 30's.
I doubt whether Legend would be $1 if they were only listed on the ASX too.
legend looking to sell mines, page-3
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.74M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $14.12K | 1.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2012302 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 996420 | 4 |
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| Last trade - 14.30pm 15/11/2024 (20 minute delay) ? |
| AEV (ASX) Chart |