If you work the numbers roughly around the current AZS offer, bearing in mind their deposit is a monster so working on ours being for the sake of argument and numbers 2 thirds then I see the number working around to here.
60% AZS ownership of Andover the take over offer is around $1.6 billion of $2.7 Billion for the 100% ownership.
so, WC8 being a $1 billion company at $1.04 not including options as they weren’t added to the AZS valuation.
back of the envelope calculation comes at around $1.78 would be a fair offer after some more drilling results to sure up the size depth and grade of the deposit.
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25.0¢ |
Change
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Mkt cap ! $301.6M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 24.5¢ | $585.5K | 2.325M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 38846 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.245 |
4 | 429832 | 0.240 |
7 | 162240 | 0.235 |
3 | 162825 | 0.230 |
3 | 53333 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 36846 | 2 |
0.260 | 56130 | 2 |
0.265 | 151886 | 3 |
0.270 | 78806 | 5 |
0.285 | 3851 | 1 |
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