The price discovery event for HAV's Kalkaroo project occurred when OZL and HAV announced the Kalkaroo Call Option (KCO) on 17 May 2022 for a potential total consideration of A$405 million. That is the 'line in the sand'.
Given the likely increase in valuation metrics under the Strategic Alliance, I doubt the major shareholders would agree to anything less than A$405 million, which equals ~ $1.22ps (diluted). Any bid for whole company would therefore need to above that, IMO.
The KCO expires in 10 weeks, but who's counting...
DYOR
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-11
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $60.16M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 19.0¢ | $11.97K | 62.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22021 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 6000 | 2 |
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| Last trade - 15.53pm 28/06/2024 (20 minute delay) ? |
| HAV (ASX) Chart |