I pondered on this for a bit and came to the conclusion that a cap raise dilutes DVP and our holding of it, a minority sale of Woodlawn only dilutes our earnings from that, so we have more upside to whatever else comes later.
How much Bill sells and at what price is the key. $1bn free cash flow in ,was it 10yrs, so whoever buys wants at least double their money back. 10% for $50m, or 15%.
All up with full purchase price, restart costs and exploration drills we will be into Woodlawn for what...$180-$200m...so 10% plus some Bill uplift for $30m, 15% for $45m?
Thinking out loud with some claret mostly but open to discussion.
I pondered on this for a bit and came to the conclusion that a...
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Last
$2.39 |
Change
-0.060(2.45%) |
Mkt cap ! $579.9M | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.42 | $2.33 | $827.6K | 346.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2560 | $2.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.41 | 12960 | 3 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
$2.40 |
Change
-0.060 ( 3.05 %) |
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| Open | High | Low | Volume | ||
| $2.36 | $2.41 | $2.33 | 43232 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| DVP (ASX) Chart |