"$500K for 30% of Bynoe also implies a total value of around $1.5M for the Bynoe project. So the CXO offer was indeed valuing all the other assets CHR has as well, and paying a 30-40% premium above what the market valued CHR at the time."
CXO is paying $539.6k for CHR shares (9.8%) assuming CHR will buy the rest 30% for $500k and own 100% then CXO will own 9.8% Bynoe for $539.6k
then 100% of Bynoe is worth around $5.5m. or if CHR didn't exercise the option then CXO will buy 30% from LIT for $500k and own 36.86% Bynoe for $1039.6k then 100% of Bynoe is worth $2.82m
and because CXO stated that they have no intention to make a TO offer for CHR so I say these valuation is all based on Bynoe project alone.
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Last
8.3¢ |
Change
0.003(3.75%) |
Mkt cap ! $6.425M |
Open | High | Low | Value | Volume |
8.0¢ | 8.3¢ | 7.9¢ | $17.24K | 215.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26465 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 18113 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26465 | 0.079 |
1 | 6578 | 0.076 |
2 | 47000 | 0.075 |
1 | 27027 | 0.074 |
1 | 28985 | 0.069 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 18113 | 1 |
0.084 | 10029 | 2 |
0.087 | 57931 | 1 |
0.092 | 72678 | 2 |
0.093 | 43329 | 1 |
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