For myself, I hope this deal fails.
I'm prepared to hold and take my chances with the Eritrean political problems, as i see much more upside ( and exploration upside) in getting to production.
Best you'll see at this stage is perhaps 50 cents/share as an offer ( pretty significant premium on the recent SP), but nothing like the premium in 2 years as a gold producer, when it could be $2-$4 per share.I don't think thats an exaggeration, but it comes with risk.
Yes, its the long view versus the short I know, but the predator is buying precisely because of the inherent value as a producer.
- Forums
- ASX - By Stock
- non-binding letter
For myself, I hope this deal fails.I'm prepared to hold and take...
-
-
- There are more pages in this discussion • 20 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 CHN (ASX) to my watchlist
|
|||||
Last
$1.33 |
Change
0.085(6.85%) |
Mkt cap ! $515.3M |
Open | High | Low | Value | Volume |
$1.24 | $1.34 | $1.24 | $4.618M | 3.557M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 45000 | $1.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 3824 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 45000 | 1.320 |
1 | 20000 | 1.315 |
1 | 19083 | 1.310 |
1 | 6881 | 1.305 |
3 | 17500 | 1.300 |
Price($) | Vol. | No. |
---|---|---|
1.325 | 3824 | 1 |
1.335 | 36509 | 4 |
1.340 | 28394 | 3 |
1.345 | 4850 | 2 |
1.350 | 20650 | 2 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
CHN (ASX) Chart |