Share price is irrelevant to a take over offer here.
If WDS decide to take over it will be a set dollar amount offered. SP won't enter into it.
They might go early and offer a lower amount and carry all the risk.
They might wait on drill results, if they are a hit, it costs more.
If they are a duster, it is a set back but by no means the end. There will be multiple targets identified.
If we do go the way of funding 2nd drill, a higher SP helps us to raise funds if need be, again doesn't really concern WDS.
Share price is irrelevant to a take over offer here. If WDS...
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $81.36M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $23.55K | 2.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 16615037 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 5223005 | 7 |
View Market Depth
| Last trade - 15.55pm 26/06/2025 (20 minute delay) ? |
| PCL (ASX) Chart |