Landrat
Initially i thought AUT buying EKA's land was a slight possibility, but the more i do the math the less attractive it looks for a billion dollar company like AUT with cash flows in excess of $150 million a year. I think AUT has bigger things in mind than a small ~1500 acre purchase.
I also think EKA is better off financially keeping this asset, reserves growth will be the key this year (not to mention production growth). I think the market is really over looking EKA's reserves at the moment, IMO they are trading substantially lower than current 1p reserves. Its important to note that AUT is a step ahead of EKA in released reserves reports, and when accounting for the increase in 1P reserves you get an NPV of around .67c a share for EKA.
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Last
74.5¢ |
Change
0.015(2.05%) |
Mkt cap ! $358.1M |
Open | High | Low | Value | Volume |
73.0¢ | 75.0¢ | 71.5¢ | $727.2K | 997.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20300 | 72.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
76.5¢ | 24000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20300 | 0.720 |
2 | 57138 | 0.715 |
2 | 63333 | 0.710 |
2 | 75000 | 0.705 |
6 | 58589 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.765 | 24000 | 2 |
0.780 | 10098 | 4 |
0.790 | 2098 | 1 |
0.795 | 32678 | 1 |
0.800 | 1300 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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