Whilst bidding wars continue next door, possibly to the tune of around that 10 billion @40%(based on former asking price) a near term scenario for us could be an offer of around 500 mill US(770 mill AU).
Whether Pancon and major holdings agree is another question but PCL would rerate to 8 -8.5 cents and oppies to 6.8 cents on open.(based on 9 bill soi)
just thinking out loud ofc with no basis, and revision to recent oil prices not factored
Whilst bidding wars continue next door, possibly to the tune of...
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $81.36M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $27.35K | 2.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 11603800 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 7012944 | 11 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| PCL (ASX) Chart |