If you work the numbers roughly around the current AZS offer, bearing in mind their deposit is a monster so working on ours being for the sake of argument and numbers 2 thirds then I see the number working around to here.
60% AZS ownership of Andover the take over offer is around $1.6 billion of $2.7 Billion for the 100% ownership.
so, WC8 being a $1 billion company at $1.04 not including options as they weren’t added to the AZS valuation.
back of the envelope calculation comes at around $1.78 would be a fair offer after some more drilling results to sure up the size depth and grade of the deposit.
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Last
32.0¢ |
Change
-0.025(7.25%) |
Mkt cap ! $386.1M |
Open | High | Low | Value | Volume |
35.5¢ | 35.5¢ | 32.0¢ | $1.503M | 4.521M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 195796 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.5¢ | 139945 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 195796 | 0.320 |
5 | 208500 | 0.315 |
6 | 248199 | 0.310 |
7 | 327460 | 0.305 |
7 | 248841 | 0.300 |
Price($) | Vol. | No. |
---|---|---|
0.325 | 139945 | 4 |
0.330 | 11569 | 1 |
0.340 | 30128 | 2 |
0.345 | 140769 | 3 |
0.350 | 143769 | 2 |
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