given spod prices and PLS issues with production then $1 is probably fair value atm. Most brokers are valuing them at $1.20 and that includes stage 2 production doesn't it?
More realistic scenario is they sell 49% for $500m US. The talk of $1B US is outrageous and everyone needs to cool their jets.
just my opinion though.
Divesting 20-49% for downstream chemical facilities?, page-70
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Last
$3.81 |
Change
-0.075(1.93%) |
Mkt cap ! $11.45B | |||
| Open | High | Low | Value | Volume |
| $3.82 | $3.84 | $3.76 | $54.11M | 14.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 87 | 261877 | $3.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.81 | 219320 | 110 |
View Market Depth
| Last trade - 14.16pm 30/05/2024 (20 minute delay) ? |
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Last
$3.81 |
Change
-0.075 ( 1.94 %) |
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| Open | High | Low | Volume | ||
| $3.82 | $3.84 | $3.76 | 4845125 | ||
| Last updated 14.32pm 30/05/2024 ? | |||||
| PLS (ASX) Chart |