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.
Yes, its a great news. I'm not worried about a CR because there...
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Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $2.857B | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.0¢ | 40.5¢ | $55.01M | 131.2M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 136340 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 2109264 | 10 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |