Quarterly due next week, should get an update on the strategic review. Management need to throw out some good news and I expect that is what will come, worst case scenario the story is we are trading at a 25% discount to cash backing, best case scenario and it's a done deal utilising the 50m USD deposit and the last 1.5 years of Bauna cash flows.
Either way this should go up from here next week and I think punters will rue not loading up more at what could very well be the last super discounted price on offer.
GLTA, Greedy is Good!!
Big news overnight, Bauna deal terms very likely to be revised, page-79
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Last
$1.44 |
Change
-0.030(2.04%) |
Mkt cap ! $1.155B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.47 | $1.44 | $6.701M | 4.629M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 148283 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 3454 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |