I don't completely disagree with you, HAV are in a bad spot. Of their own making of course. Still, they had an asset another company really wants, even if the fair value goes out the window, a cash deal would still be better then this.
As for HAV ending up with a producing asset, keep in mind that all assets will become GFG assets when this 3-year deal is finalised. Shareholders might have a win as the resources develop, so long as they remain HAV assets.
Ann: Havilah Secures Funding of up to $100M from GFG Alliance, page-53
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $67.85M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 19.0¢ | $7.423K | 38.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 46019 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 58869 | 3 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| HAV (ASX) Chart |