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
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $257.0M |
Open | High | Low | Value | Volume |
21.5¢ | 22.0¢ | 21.0¢ | $561.5K | 2.631M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 31248 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 60000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31248 | 0.210 |
5 | 248948 | 0.205 |
7 | 171276 | 0.200 |
3 | 202630 | 0.195 |
8 | 461900 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 60000 | 2 |
0.220 | 550683 | 6 |
0.225 | 107755 | 4 |
0.230 | 53800 | 3 |
0.235 | 237000 | 5 |
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