Concur.
A takeover would give us a quick return on our investment (well, relatively speaking). In-house development of the asset and refinery, however, would give us much greater return over time. If I were given the choice, I'd rather see the project developed in house, and a solid long term return paid out to investors, than a takeover.
That said, there's a certain level at which I'd say, "yeah, okay, take us over, please". Somewhere around the two to three dollar mark would definitely do it for me.(A guy can fantasise, right?)
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $49.28M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.0¢ | $73.25K | 393.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 206095 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 99999 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PEK (ASX) Chart |