Certainly a better place to be starting negotiations from, particularly if there is only ONE interested party. However, I suspect there will be multiple interested parties in which case the SP will only be relevant to investors wanting to free carry (as best as possible) prior to the results of PL6 being released.
A bidding war will IMHO make the current SP seem like a pittance.
GLTAH
Certainly a better place to be starting negotiations from,...
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Last
7.9¢ |
Change
-0.002(2.47%) |
Mkt cap ! $139.3M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 7.9¢ | $122.7K | 1.549M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75840 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 6410 | 1 |
View Market Depth
| Last trade - 15.57pm 14/06/2024 (20 minute delay) ? |
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Last
8.0¢ |
Change
-0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 7.9¢ | 8.0¢ | 7.8¢ | 1110385 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| 4DS (ASX) Chart |