There was a short article on the Financial Review yesterday:
"There’s hot competition for the mandate to help Jindalee Resources demerge its Australian and American assets.
Street Talk understands the company is running a so-called beauty parade this week and is close to appointing at least one joint lead manager.
And while the likes of Bell Potter, Shaw and Partners and Curran & Co have all worked for the company in the past, sources told this column stockbroker Canaccord Genuity is well-placed to snare the mandate given its US presence."
Further:
"Fundies reckon it woudn’t be unusual for McDermitt to be worth $500 million-odd..."
Along with our WA-based assets, our current market cap doesn't seem to be near full and/or factored in value?
Not too late for a reasonable buy in price?
Ann: Jindalee repositioning as pure-play US lithium company, page-79
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Last
26.5¢ |
Change
-0.020(7.02%) |
Mkt cap ! $16.65M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 26.5¢ | $28.75K | 104.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 1683 | 1 |
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| Last trade - 15.52pm 26/07/2024 (20 minute delay) ? |
| JLL (ASX) Chart |