It's possible that the purchasing of an Australian company in it's entirety with staff and operations within Australia represents an administration nightmare, potentially even a bureaucratic one, that makes it more attractive to purchase the international assets of said company for more than the company itself is worth. I think it's reasonable at this point to have the entire value of the company based on the producing and proven assets strictly in Cambodia, that is currently what is turning the engine over.
It would make EMR essentially freeholding itself, which would be a remarkable position to be in.
It might, at that point, be prudent to turn EMR into an investment company.
Ann: Option Exercise, page-29
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Last
$3.46 |
Change
-0.030(0.86%) |
Mkt cap ! $2.273B | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.65 | $3.36 | $12.86M | 3.748M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18579 | $3.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.47 | 60632 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| EMR (ASX) Chart |