At the risk of being howled down, Xstrata/JBM, BHP/Rio etc...once AGM start producing at spec, it would have to come up on radar. Infact cheaper if get in now obviously.
Obviously no synergies, but if reserve/resource warrant "nickel province" label, then well worth the control premium that would need to be paid.
As to NP, big boys see through day by day fluctuations and have are and will put their money where there mouth is...suspect AGM SP is at a point where downside limited given trickel down referred above.
Not trying to ramp, but price has stablised quite nicely inspite of NP, so trying to look at big picture
how long can agm stay independent
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Last
$58.40 |
Change
0.580(1.00%) |
Mkt cap ! $11.32B | |||
| Open | High | Low | Value | Volume |
| $58.28 | $58.49 | $57.69 | $28.39M | 488.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $58.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $58.41 | 1616 | 1 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| ASX (ASX) Chart |