They would probably have any number of these qualities / requirements: - Think the company is undervalued and represents a lot of upside - Someone who could afford the ~$3B price tag (so $4) - Have synergies that they could leverage to help the acquisition make sense (maybe a near by operation, operational / back office synergies - who knows - Someone (everyone???) who has a reason to want to add an immediate 500k oz production to their profile (looking to move up from a mid tier to major producer) - Someone who may have declining reserves / resources and wants to secure 10,000,000+ oz of gold with established long term operations - Perhaps someone looking to diversify their operations (both within Australian or perhaps an international company looking for overseas opportunities as Australia is a low risk jurisdiction) - Someone looking to add low risk reserves and revenues - both Duketon and Tropicana have been consistent and high performing operations for a number of years - See value in McPs as it is currently not representative of significant value - Someone who wants to buy and split up the company as each operation may have more value individually than collectively
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)