Hi Jayse,
The success that PDI is having in Guinea is very good for Volt. PDI now have a market cap of around 280 million and it would appear that they might have a serious gold play happening .
Volt will eventually do something with this asset. Whatever they do with it, it appears to be an asset that continues to increase which can only be good .
It's a nice problem to have . It could eventually be worth lots of money to Volt if they decided to sell it off or if they decided to give all shareholders free shares in a float as you pointed out.
The reason they decided to aqcuire it in the first place was because the potential was definately there . It has proven to be a worthwhile purchase. It was a prudent buy management.
Watching with interest how it all plays out.
Hi Jayse,The success that PDI is having in Guinea is very good...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.79M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $12.60K | 2.577M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 60 | 40058571 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5121616 | 5 |
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