And what is the valuation of Maari for us? If you were to take a line through CUE then the answer would be not much - market cap for CUE is $50mil and they have $30mil in the bank with no debt and they have other producing assets such as Oyong in Indonesia - so their 5% of Maari is being valued at about $10/15mil.
But their major shareholder is attempting to be a bad corporate citizen.
Ann: Maari Growth Project successfully completed, page-16
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $316.4M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.3¢ | $510.1K | 2.578M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 1861669 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 650504 | 4 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |