A lot of moving parts to the company over the next three years now. I'm reminded of the phrase 'never fight a war on two fronts'. Seems like EVN has three fronts now, although the work at Mungari maybe not as significant as Red Lake and Cowal UG.
I'm not convinced the reaction of the share price over the last week is due to this deal/capital raising. Sure there was probably some leakage of news but I think the quarterly and capex outlook for the other assets was the main factor in the declining share price.
A lot of moving parts to the company over the next three years...
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Last
$4.10 |
Change
0.130(3.27%) |
Mkt cap ! $8.142B | |||
| Open | High | Low | Value | Volume |
| $4.02 | $4.13 | $4.00 | $52.55M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $4.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.10 | 187108 | 8 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| EVN (ASX) Chart |