Q. What is the highest price that you have even seen a resource sold for?
Given AVZ own 60% and all scrip is purchased in a t/o then at current sp it will cost c$600m.
I tried to find an answer to this but I wasn't able to so thought you guys might know.
To me at the current sp I would think that is one of the biggest if not the biggest purchase for 60% stake in history. Happy to be proven otherwise.
Also if you guys have the time to answer this would you be able to give your thoughts on what the 60% stake would/should/could be worth in your opinions.
One last thing can you recap for me and others maybe thinking of buying if the price is right, who owns the other 40% and what are their intentions and how much are they contributing to all of this.
Appreciate your time and thoughts. Obviously it's Easter so anytime down the track when your able.
Peace.
AVZ Price at posting:
25.5¢ Sentiment: Sell Disclosure: Not Held