Has this announcement exposed the company to an unwanted take over target ?
There is now an even greater reason for management to drive the share price up.
A new share placement maybe the safest option for management, but a joint venture arrangement for the Collerina Copper Project following the same strategy of the Chile projects, may create the better outcome for all stakeholders.
Lets see what happens from here.
TAKEOVER TARGET
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Mkt cap ! $9.792M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $91.37K | 30.45M |
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| No. | Vol. | Price($) |
|---|---|---|
| 82 | 181507554 | 0.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 1799930 | 2 |
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