Hmmm.. very strong, perhaps, but.. the upfront capex is huge.
Potentially why PRU is not wanting to own it all (still cannot discount a full bid, but... just seems different to PRUs earlier corporate actions), after their foray into Sudan has met such a frustrating outcome (perhaps they will try and J/V that too over time?). Sure, POG could go to the moon, but the market is not interested in that. They will look at what things are right now.
@CreamOn - Silvercorp is unlikely to be able to match PRU if a bidding war erupts, which is perhaps partially why the share price has fallen?
It's an interesting move, especially when I still feel PRU is going to go after a current producer. So this sort of move is... almost like a slight of hand to take peoples attention away from the main game.
Country risk seems to be becoming a real issue (it always has been, but... it's directly affecting all actors looking to make deals).
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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10 | 54276 | 2.450 |
4 | 36753 | 2.440 |
2 | 24849 | 2.430 |
3 | 10844 | 2.420 |
Price($) | Vol. | No. |
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2.480 | 41095 | 6 |
2.490 | 64142 | 3 |
2.500 | 9002 | 4 |
2.510 | 11904 | 2 |
2.520 | 36498 | 5 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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