First, the majority of us know 1st offer is not usually the last, it doesn't or shouldn't need mentioning.
2nd, we have a market cap circa $150M, WDS are not going to offer $225M (50% premium to SP)
50% being a common premium to a companies SP.
Same if we are at $300M, we won't see a $450M offer, the offer will be in correlation to the findings of the survey, not the SP at the time.
The offer will be $X or $X and a royalty deal
General Thoughts, page-2806
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $194.8M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.4¢ | $156.7K | 6.399M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 8115070 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 1000000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
2.4¢ |
Change
-0.001 ( 4.00 %) |
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.5¢ | 2.4¢ | 4000712 | ||
| Last updated 15.34pm 29/05/2024 ? | |||||
| PCL (ASX) Chart |