In the current environment I doubt the mineral sands will get off the ground too much capital required.At present the only outcome would seem to be a T/O but it is difficult to see anyone being given that sort of money,I think an offer of 500M would be about the right figure ie 80-90c per share.The suitor may wish to see the gold production figures before pitching an offer.I think anything in the 40s is good value.
Companies with good free cash flows will have a significant advantage in the current environment.Those requiring significant capital expendature will be punished.
- Forums
- ASX - By Stock
- maybe vulnerable to takeover from os company
In the current environment I doubt the mineral sands will get...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)