I’m happy with where we are at but I’m thinking 50-60c wouldn’t be unreasonable (MC of around $200m) due to the proposed deal and all their other assets.
but we were sleeping at 50m MC with known recourses so who knows but this has brought HAV into the light.Oz have gone into this option/alliance knowing they are strapped for cash. They are set up for a win and the cave at carrapateena is starting to yield with all the money they have thrown at it with those issues. They have thrown heaps of money at carra and only started pulling cash out the ground in 2019.
personally I don’t think OZL will sell unless it’s a great offer, and BHP said OZL would be nice to have, but not a must have so I don’t see them coming to the table just yet.
Oz have gone into this option/alliance knowing they are strapped...
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $68.07M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.0¢ | $62.17K | 287.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24071 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 106522 | 3 |
View Market Depth
| Last trade - 12.38pm 11/07/2024 (20 minute delay) ? |
| HAV (ASX) Chart |