You misunderstood. Let me try to rephrase.
If BHP can sell Daunia for $1-2 billion, the current M&A value of BCB is 2-3x this amount, given its asset base.
In other words: if I was a potential buyer of Daunia (one of the other regional miners now flush with cash), I would rather buy BCB for $1-2 billion than Daunia at that price tag. It would be a better deal for me.
BCB is massively undervalued.
You misunderstood. Let me try to rephrase. If BHP can sell...
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Last
6.0¢ |
Change
0.002(3.45%) |
Mkt cap ! $170.8M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 6.0¢ | 5.9¢ | $43.60K | 730.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 675849 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 175000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
0.002 ( 1.72 %) |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.0¢ | 5.9¢ | 329644 | ||
| Last updated 15.09pm 14/06/2024 ? | |||||
| BCB (ASX) Chart |