rgdk
I am a DOM shareholder and I am not overwhelmed either.
After drilling and realising the difference from resources to Measured at 90% as has been said in their Annual report I value DOM on the back of measured resources at 600 mln dlrs. So todays scrip bid should be rejected. We all know that there is a consolidation of Australian producing gold mines happening now. In the absence of a higher bid, the DOM value will accrue to KCN shareholders. So I am not unhappy since its a scrip bid, but would like to wait for a higher bid from Australian competitors. There is plenty of cash around.
kcn coming for dom, page-20
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Last
$1.38 |
Change
-0.080(5.48%) |
Mkt cap ! $355.6M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.38 | $790.9K | 564.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2446 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |