extract resources drilled during the height of the GFC and announced discovery jan 2008
takeover from China was announced mid 2011 and finalised early 2012. The amount was Au $2.2 billion. This was also at a time after the Fukushima earthquake disaster so uranium was in a bear market.
a takeover for such an asset in 2024-2026 would probably be $4 billion . Extract was also in a stable African country but we all know that Africa can change in a heartbeat.
Luni is about one year into discovery. Not yet a unicorn. Both Luni and extract resources are high grade discoveries, albeit different commodities.
extract resources drilled during the height of the GFC and...
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Last
$18.90 |
Change
1.090(6.12%) |
Mkt cap ! $1.159B | |||
| Open | High | Low | Value | Volume |
| $18.04 | $18.98 | $17.72 | $7.725M | 420.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9 | $18.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $19.00 | 1453 | 3 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$18.79 |
Change
1.090 ( 5.29 %) |
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| Open | High | Low | Volume | ||
| $18.06 | $18.98 | $17.81 | 31713 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| WA1 (ASX) Chart |