Yes, its a great news.
I'm not worried about a CR because there won't be any CR for the Philippines Operation.
I think now management will look to find a buyer for the Philippines asset.
With all the government approvals ......it has now a good chance of getting sold.
I would say it could fetch up to AUD $ 30-40 Million dollars.
It has over AUD $1 billion worth of gold in there.
I want management to sell the Philippines asset and focus fully on the Australian ground.
It will de-risk the operation and also some money to invest in Australia.
That would be a win win situation for everyone.
This is a sort of news that should add at least 30-40 million dollars in the market cap.
But unfortunately little to no reaction. Maybe people will react after a month.
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Last
32.0¢ |
Change
-0.045(12.3%) |
Mkt cap ! $2.176B |
Open | High | Low | Value | Volume |
34.0¢ | 34.5¢ | 31.5¢ | $21.62M | 65.95M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.5¢ | 674965 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 0.320 |
23 | 1006762 | 0.315 |
25 | 1234744 | 0.310 |
13 | 1349585 | 0.305 |
37 | 1153229 | 0.300 |
Price($) | Vol. | No. |
---|---|---|
0.325 | 674965 | 9 |
0.330 | 1422334 | 15 |
0.335 | 1655880 | 12 |
0.340 | 1491976 | 17 |
0.345 | 503538 | 12 |
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