no not at all. Really can't see an offer being taken seriously until the operations become capital intensive.There won't be dividends for at least 5-6 years. So in my opinion, this company will not pay a dividend ever.
I'd be looking at above $20, assuming everything goes as planned. Any acquirer will need to pay a hefty premium.
99.95% High Purity Manganese, page-33
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $58.27M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $82.41K | 317.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 76816 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 19999 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| E25 (ASX) Chart |