NO ! They do not have to sell it bit by bit. Some smart guy would just grab the whole company . It's hard to find good gold resources these days.
Western Gold (WGX) just today merges with Karora Gold paying this Canadian based company $1.13 Billions for their 2 gold assests in WA.
1. Beta Hunt Mine: Measured & Indicated Reserve = 1.6 M Ozs
2. Higgingsville Gold : 1.589 M Ozs.
No doubt, these mines are producing; still 1.13 Billions for 3.2 M Ozs!
Also SLR is keen to take over RED and RMS, GMD etc are looking for preys!
I will not sell my shares if BEZ is less than 100m MC.
BEZ REVIEW, page-483
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Last
6.9¢ |
Change
-0.002(2.82%) |
Mkt cap ! $29.68M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 6.9¢ | 6.8¢ | $11.40K | 166.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 94746 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 1002700 | 2 |
View Market Depth
| Last trade - 10.07am 18/07/2024 (20 minute delay) ? |
| BEZ (ASX) Chart |