@Blackened is spot on imo
big cap gold stocks have all been getting turned down on what looks to me for all the world like a rinse repeat of March2020's flush and rip setup as instos and algos pressed down to try and get cheap shares
last night the HUI did a nice big bull reversal
so this kind of deal and pricing announced here likely represents a major springboard sweetspot for those financing the deal
the fact the recent weak price action was near universal means this wasnt EVN specific
the only goldies showing much strength that I follow were juniors with high grade discovery stories
id be taking that 3.85 spp with both hands
the actual acquisition is more proof of evn mgt quality - more of the same core concentration double down and lift LOM at same time as reducing long run AISC - rather than spreading themselves thin
but its a ginormous aircraft carrier of a company - can takes 5+ years before you get the full fruits of moves now
- Forums
- ASX - By Stock
- Ann: Acquisition to lift Mungari to Cornerstone Asset
@Blackened is spot on imobig cap gold stocks have all been...
-
-
- There are more pages in this discussion • 66 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$5.04 |
Change
-0.010(0.20%) |
Mkt cap ! $10.02B |
Open | High | Low | Value | Volume |
$5.07 | $5.10 | $5.02 | $81.84M | 16.67M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 14558 | $5.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.05 | 73949 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 5.030 |
1 | 100 | 5.020 |
4 | 16002 | 5.000 |
1 | 500 | 4.990 |
3 | 34100 | 4.980 |
Price($) | Vol. | No. |
---|---|---|
5.070 | 11100 | 2 |
5.090 | 1111 | 2 |
5.100 | 27342 | 13 |
5.110 | 12195 | 3 |
5.120 | 15319 | 5 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
EVN (ASX) Chart |