Ricky.
You rate it as a long term buy!
So what will you buy at?
I've been around Bass for many years and it looks very sick to me.
The mill might have cost $100 million and Bass might have picked it up for $3 million but if you are struggling and a forced seller you aren't going to get anything like fair value for the asset.
When there is a meltdown, price and value rarely are the same thing.
Bad sentiment will drive this down a long way. Bad results will drive it even lower.
another placement ?, page-27
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Last
4.5¢ |
Change
-0.005(10.0%) |
Mkt cap ! $8.156M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.8¢ | 4.4¢ | $16.39K | 363.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 200000 | 1 |
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| Last trade - 15.44pm 28/06/2024 (20 minute delay) ? |
| GW1 (ASX) Chart |