Karora has 6.9 million CAD earnings in the last reported quarter, not bad for a 1 billion dollar acquisition..right..right? This would be higher with the higher gold price obviously, I wonder what the annual multiple they are paying would be though, 12-14x FCF? Im sure someone smart within the company will run the numbers. They are also getting 3.2 M oz at a head grade of 2g/t.
Id say they are betting on a turnaround here, it is a seperate hub so not a crazy amount of synergy that will lower costs to a large degree.
Big Dump, page-28
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.02 |
Change
-0.010(0.49%) |
Mkt cap ! $2.308B | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.03 | $2.01 | $3.547M | 1.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31207 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 89910 | 6 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.03 |
Change
-0.010 ( 0.50 %) |
||||
| Open | High | Low | Volume | ||
| $2.02 | $2.03 | $2.01 | 433117 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| RMS (ASX) Chart |