safest way to play merger, no matter if Superior shareholders approve merger or not is to buy superior gold share, not catalyst. If merger go thru by buying superior common now trader get substantial merger premium to current market price, plus trader still get to play CYL+SGI uprate. On other hand if merger down voted then Superior share place to be since high cost gold mine like plutonic have huge leverage to high gold price. On the other hand if catalyst unsuccessful at grabbing plutonic process plants, then Marymia plutonic dome tenements just got from vango lose their luster. In this scenario some portion of the $22mm just diluted get used up paying vango current liabilities, debts, as well as fund ongoing wasc litigation over plutonic dome tenements against both zuleika and superior. Best outcome catalyst can hope for out of wasc litigation is maintenance of status quo. Uncertainty is what wasc litigation go against catslyst?
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Last
$1.97 |
Change
-0.030(1.50%) |
Mkt cap ! $443.6M |
Open | High | Low | Value | Volume |
$1.97 | $1.99 | $1.92 | $971.5K | 497.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2208 | $1.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.98 | 6090 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2208 | 1.930 |
1 | 1690 | 1.925 |
2 | 2397 | 1.920 |
2 | 2490 | 1.910 |
1 | 1000 | 1.905 |
Price($) | Vol. | No. |
---|---|---|
1.975 | 6090 | 2 |
1.980 | 201690 | 2 |
1.985 | 7827 | 1 |
1.990 | 1690 | 1 |
1.995 | 8110 | 2 |
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