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
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $153.5M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.7¢ | 5.3¢ | $78.20K | 1.413M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43122 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 173880 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
0.000 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| 5.4¢ | 5.7¢ | 5.3¢ | 166623 | ||
| Last updated 15.58pm 10/05/2024 ? | |||||
| BCB (ASX) Chart |