BMN 4.88% $2.73 bannerman energy ltd

help from the board

  1. 122 Posts.
    So rumor has it that EXT is a take out by
    Rio Tint. EXT share price is almost $10.00.
    I know their grades are higher and they have
    a little more in the ground but can someone out
    there explain why they are $10.00 and Bannerman is $.83
    cents.Would it not make more sence to take out Bannerman
    at around $1.50 rather than EXT at around $12.00.
    Am I missing something here ?
 
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