In my way of thinking Novo isn't good value anymore (Market Cap + Premium) and ARV has to much hair on it with JV's and a hodge podge of great "Prospective" tenements. The Plant is all you'really really buying with 29 million cash. God knows how many shares will ARV will have outstanding when all said and done. DEG on the other hand is the logical, backstopped, undervalued and Conglomerate JV Partner. 100 million cash for 49% of all Conglomerates plus access to 10% of Plant Capacity. We then are carried free and can opt to increase plant size.
3rd party processing capacity pay long term steady dividends.
In my way of thinking Novo isn't good value anymore (Market Cap...
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Last
$1.17 |
Change
0.008(0.64%) |
Mkt cap ! $2.840B | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.19 | $1.16 | $1.240M | 1.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 56269 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 96628 | 16 |
View Market Depth
| Last trade - 11.21am 09/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |