I'm in total agreeance with you Swanny.
I can only go on what the Chinese paid for 20% of Browse as being a proxy for what our 40% is worth.
Incidently - what has happened to our share price since the investment banks have been appointed to manage the farm out process? [Hint: "Up" and "nowhere" would be incorrect answers]
farm out v takeover, page-5
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Last
$1.78 |
Change
0.010(0.56%) |
Mkt cap ! $1.427B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.75 | $1.382M | 782.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 26270 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 3389 | 6 |
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| KAR (ASX) Chart |