Shareholders might pay a premium to buy in to a gold stock following a significant POG rise, because the SP is affected by sentiment, which is very woolly concept. A retail shareholder like me either pays the premium, or waits for a possible retreat. If they really want in, they have no choice but to bid at or near the going rate. It's simplistic to suggest that the same applies to a potential M & A transaction.
A $40B company won't be paying 3 or 4% more in a takeover proposal because the POG went up $65 last week. They're not valuing the target entity based on market cap.
Best looking weekly chart, page-1273
-
- There are more pages in this discussion • 980 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.86 |
Change
0.570(4.29%) |
Mkt cap ! $15.92B | |||
| Open | High | Low | Value | Volume |
| $13.71 | $13.91 | $13.63 | $79.37M | 5.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35544 | $13.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.86 | 28982 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |