That's a pretty good summary Yaq and the reality is that the asset backing will still be there except that we will be more fully invested in a copper production business rather than swanning around with a truckload of cash.
In one way we will be better off if K (which will chew up a lot of the cash) earns in excess of the deposit rate paid on the money market which I would assess at around 5.5%.
However, DA does need to clear up the issue of the paid dividends v the placement.
I'm sure the answer will be "changing circumstances and taking advantage of better opportunities"...but it would be good if he could wrap some financial numbers around this.
- Forums
- ASX - By Stock
- appendix 3b
That's a pretty good summary Yaq and the reality is that the...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGO (ASX) to my watchlist
|
|||||
Last
5.6¢ |
Change
0.001(0.91%) |
Mkt cap ! $117.3M |
Open | High | Low | Value | Volume |
5.6¢ | 5.7¢ | 5.5¢ | $56.07K | 1.015M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35944 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 892000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35944 | 0.055 |
5 | 370140 | 0.054 |
14 | 784451 | 0.053 |
6 | 938460 | 0.052 |
5 | 473538 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 892000 | 2 |
0.057 | 385385 | 4 |
0.058 | 219979 | 2 |
0.059 | 350847 | 2 |
0.060 | 4915465 | 5 |
Last trade - 12.40pm 12/08/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |