"In rough terms Spartan's market cap is about half that of Ramelius"
Well there is far more to valuing a gold producer than MC right? On every other valuation metric SPR is overvalued and RMS is significantly undervalued so if any TO/merger were to be based upon MC only, which would imply something in the order of 2:1, I'd be one mighty P#$$ed OFF RMS shareholder.
I don't think MZ is that stupid, but then I've underestimated stupidity many times over the years.
Ann: Diggers and Dealers presentation, page-39
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Last
$2.17 |
Change
-0.110(4.82%) |
Mkt cap ! $2.513B | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.29 | $2.15 | $8.840M | 4.007M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 87676 | $2.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 107538 | 49 |
View Market Depth
| Last trade - 15.58pm 16/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |