in order to take over the company.. it's not as simple as the market cap of $420M + premium.
the buyer will have to take into account of the $600M debt.. hence to outsider.. the company cost at least $1.2B (20% premium) to takeover.
however.. paying $300M for asset that generate income without the debt .. it's a better deal because you somewhat save the company from going BK yet having an interest in a mine.
in order to take over the company.. it's not as simple as the...
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Last
$13.03 |
Change
1.290(11.0%) |
Mkt cap ! $3.897B | |||
| Open | High | Low | Value | Volume |
| $12.85 | $13.27 | $12.74 | $66.40M | 5.110M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 639 | $13.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.03 | 5949 | 1 |
View Market Depth
| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |