$40m EV isn't too expensive considering the potential revenue down the line and FMG's involvement, easy to see a takeover if HYT prove that white hydrogen can be successfully monetised. I believe the option price of $0.051 should be the floor for the share price, but a few punters that entered on the announcement got caught out yesterday, likely a lot were T2 traders.
I'm happy to be a buyer here and anything under $0.051 FMG option price.
Ann: Fortescue to acquire strategic interest in HyTerra, page-136
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Last
4.1¢ |
Change
-0.011(21.2%) |
Mkt cap ! $38.18M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.3¢ | 4.1¢ | $2.404M | 50.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 114457 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 378947 | 2 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| HYT (ASX) Chart |