I agree. Very roughly- lets say in ground resources for takeover are valued around US$100 per ounce - so maybe AUD130, for a takeover value of $130mil if they get to 1m ounces. Current SOI that would be ~21 cents per share. So yeah, it doesn't seem too bad a bet from here. My average is a bit higher though
Ann: Quarterly Activities & Cashflow Report, page-4
Add AAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $112.2M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.0¢ | 11.0¢ | $422.8K | 3.693M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 157281 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 392466 | 5 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| AAR (ASX) Chart |