Who knows, many will say it’s inevitable but I have seen reconstructions similar to this go higher immediately as the underlying company is valued much higher fundamentally. We will become immediately a $200m earning company upon resisting just as a result of the acquisition so…..who knows. One thing for sure, in my opinion, is we eventually go much higher from here. Otherwise, why would MOK and the team bother?
it’s not like we are just doing another CR for working an existing exploration project. This one is up a running and profitable going concern. And having our world class diamond miners and executives in control this should be retracted at least 2x IMO.
simple really….
Who knows, many will say it’s inevitable but I have seen...
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $262.9M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $42.59K | 234.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49178 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 5000 | 1 |
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| Last trade - 15.45pm 12/07/2024 (20 minute delay) ? |
| BDM (ASX) Chart |