Shaping up that Ramelius may be very shortly paying north of $1 billion for 160,000 ounces a year of gold production from Beta Hunt and Higginsville.
Assuming 2 underground operations at Riverina district are operating by year end, producing over 150,000 ounces annualised … OBM must look attractive value at $470 million market cap. with a nicely refurbished and upgraded plant, net debt free balance sheet, and open ended exploration upside.
Mergers & acquisitions on the rise in the golds
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Last
32.0¢ |
Change
0.020(6.67%) |
Mkt cap ! $593.4M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 32.0¢ | 30.3¢ | $557.8K | 1.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42901 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 135018 | 3 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
31.8¢ |
Change
0.020 ( 7.63 %) |
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| Open | High | Low | Volume | ||
| 30.0¢ | 31.8¢ | 30.0¢ | 377321 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| OBM (ASX) Chart |