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.
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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. |
---|---|---|
$13.86 | 28982 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 400 | 13.800 |
1 | 217 | 13.750 |
1 | 1459 | 13.700 |
1 | 73 | 13.640 |
1 | 10000 | 13.600 |
Price($) | Vol. | No. |
---|---|---|
13.880 | 1000 | 1 |
13.900 | 9029 | 3 |
13.910 | 2000 | 1 |
13.920 | 5340 | 2 |
13.930 | 4000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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