I believe a takeover of EVN will be on the cards as our AISC are exceptional and our 1.3 billion of debt has approximately half of that borrowed at 3%.
I can’t see a suitor declaring their interest until EVN has monetised the pumped hydro at Mt Rawdon.
I think the board know that vultures are soaring doing the sums and waiting for the monetisation of Rawdon.
In our interest the board should hold off for as long as possible on Rawdon for our share price to recover.
I think any suitor would like to see how Red Lake’s so called turn around pans out as well or they just might flog it off to some other Canadian miner. I’m hoping EVN is having talks with someone else for an all scrip deal to keep the vultures at bay.
If I was taking a guess as to whom EVNs assets would be of interest to, it would be Northern Star. With only 3 mines themselves they could manage another 4 mines. They would also like a bit of green tinge along with EVNs AISC.
- Forums
- ASX - By Stock
- Potential Take-Over Target
I believe a takeover of EVN will be on the cards as our AISC are...
-
- There are more pages in this discussion • 3 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 EVN (ASX) to my watchlist
|
|||||
Last
$3.95 |
Change
-0.110(2.71%) |
Mkt cap ! $7.963B |
Open | High | Low | Value | Volume |
$4.05 | $4.06 | $3.93 | $28.09M | 7.015M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 201353 | $4.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.47 | 5525 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 54876 | 4.160 |
7 | 166655 | 4.140 |
3 | 17269 | 4.080 |
4 | 16391 | 4.060 |
1 | 65319 | 4.040 |
Price($) | Vol. | No. |
---|---|---|
3.560 | 3958 | 1 |
3.760 | 67001 | 2 |
3.830 | 120 | 1 |
3.840 | 111509 | 8 |
3.860 | 15944 | 4 |
Last trade - 15.59pm 15/08/2024 (20 minute delay) ? |
Featured News
EVN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online