As first reported by The Australian (24-Jan 2024), MINres had already wanted to sell DVP back in Dec 2023. So that means it took almost 4 months to find a buyer for their entire stake. If the $2 price tag is correct, then MINres would have lost about 12% based on estimated $2.28 average.
Would it make sense for the new 15% shareholder to also own 15% of the project? Can they nominate a board member?
Ann: Woodlawn Production Restart Study - NPV increases by 37%, page-137
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Last
$2.12 |
Change
0.020(0.95%) |
Mkt cap ! $547.0M | |||
| Open | High | Low | Value | Volume |
| $2.10 | $2.16 | $2.05 | $928.8K | 438.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5476 | $2.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.12 | 1332 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DVP (ASX) Chart |