The chances of a takeover at these prices seems very low to me, big boys look for $20-100 per ounce. That Hemi's final resource is 'delayed' until 2021 would indeed be cautious move. Any snags at this point might let a takeover happen, and the 100 mill takes care of that you would think.
$1,700,000,000 / 2,200,000 Oz = $772/Oz today
$1,700,000,000 / 10,000,000 Oz = $170/Oz
$1,700,000,000 / 20,000,000 Oz = $85/Oz
The chances of a takeover at these prices seems very low to me,...
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.24 |
Change
-0.010(0.80%) |
Mkt cap ! $2.286B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.26 | $1.24 | $3.334M | 2.676M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 108705 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 20490 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.24 |
Change
-0.010 ( 0.44 %) |
||||
| Open | High | Low | Volume | ||
| $1.25 | $1.26 | $1.24 | 820175 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| DEG (ASX) Chart |