AUC 1.28% 39.5¢ ausgold limited

Ann: Corporate Presentation April 2022, page-66

  1. 637 Posts.
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    Katanning. AUC. Borders Anglo American's land nicely. They are a ~A$100BILLION market cap company with over A$56billion in revenues in 2021. High chance they will swallow up Katanning from us. They might come in now, offer at a bargain, maybe 3x AUC market cap or ~$450m. Which is pocket change to them. The way $1 is to you and I. Question is, will shareholders want to sell at ~23cents a share? Or will we wait.

    https://hotcopper.com.au/data/attachments/4257/4257724-d994f02d4bdc2a5dd6daf9aefd514778.jpg

    Last edited by vfpa5000000: 12/04/22
 
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