Good Article! I like this part on page 17.
"The analyst (SOMERS & Partners) has rated the share as a BUY and set a target price of 1.03 AUD. According to some sources the target price should have been set at >2 AUD, but the analyst took another deduction during his calculation (500 USD per ton) in order to prevent investors from not taking the share price seriously. The mentioned report can be found under the following link
http://www.danakali.com.au/images/stories/Danakali_Somers_and_Partners_Research_Note_20160523.pdf
"The ideal case is a takeover battle. We are talking about a mine life of more than 100 years, which means that the project is strategically important for big companies of the sector (POTASH CORP., K+S, SQM, MOSAIC, ICL). As soon as company X makes an offer, some other companies will probably panic. I can also imagine that a strong company could buy the whole project area in order to prevent other companies from getting the project and mixing up the current SOP -Market."
Take over offers - Bring them on!
- Forums
- ASX - By Stock
- DNK
- New Danakali Colluli Project Video
New Danakali Colluli Project Video, page-5
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DNK (ASX) to my watchlist
(20min delay)
|
|||||
Last
31.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $151.0M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
DNK (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online