in order to take over the company.. it's not as simple as the market cap of $420M + premium.
the buyer will have to take into account of the $600M debt.. hence to outsider.. the company cost at least $1.2B (20% premium) to takeover.
however.. paying $300M for asset that generate income without the debt .. it's a better deal because you somewhat save the company from going BK yet having an interest in a mine.
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Last
$7.94 |
Change
0.250(3.25%) |
Mkt cap ! $3.168B | |||
| Open | High | Low | Value | Volume |
| $7.60 | $7.98 | $7.53 | $23.88M | 3.052M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 7628 | $7.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.94 | 1200 | 1 |
View Market Depth
| Last trade - 16.18pm 16/07/2025 (20 minute delay) ? |
| PDN (ASX) Chart |