Analysts have been saying a company needs at least 40% to have controlling interest.
Unless PCL's interest is included, I'm not so sure we will see an on sell from WDS.
Keep 40% and sell 16% Who'd be a buyer of only 16%
Sell 40% and keep 16% why bother doing the mapping and drilling to have only a 16% share
Sell the whole 56% At present may not be worth as much as they hoped, pro
bably even less now with the not commercially viable results.
Galp had 2 offers for there 40%, 1 withdrawn the other rejected.
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Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $97.63M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.2¢ | 1.0¢ | $81.52K | 7.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44042 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6972636 | 12 |
View Market Depth
| Last trade - 15.59pm 27/06/2025 (20 minute delay) ? |
| PCL (ASX) Chart |