Fortunately for us, the previous management acquired a fair number of tenements chasing "what's hot" at the time and Mayfield just happens to be located in a prime location for a potential and very profitable farm-out/sale. Just to give some comparison, CNB's market Cap is almost 3 times GBM's at 180m, with a recent 20m Cap raise. Essentially zero value is given to GBMs other assets besides the Drummond and even that is undervalued on a peer EV/OZ comparison. In hindsight it might have been better to combine combining Mt Morgan, Mayfield etc as a spin-off instead of the smartset option.
Fortunately for us, the previous management acquired a fair...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.253M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $5.697K | 712.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2979405 | 8 |
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| Last trade - 15.50pm 18/10/2024 (20 minute delay) ? |
| GBZ (ASX) Chart |