Might go for First Quantum, FQ SP has been on an up lately, looking stronger than EQN, EQN has drifted, it took a step for the production upgrade, I was hoping for a higher correlation with Cu price.
wouldn't matter if it was FQ, would propel EQN as a near neighbour and smaller clone.
Any takeover at this level, by the big 3 (or 4) is a large positive...Cu Price positive...China/India/SE Asia/power/cars demand positive...unrealised CGG assets positive...PE positively growing...production upgrade positive...
I now need to touch wood
rio to takeover eqn?, page-7
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Last
28.5¢ |
Change
-0.010(3.39%) |
Mkt cap ! $35.19M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 28.5¢ | $7.538K | 25.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1220 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 6213 | 1 |
View Market Depth
| Last trade - 12.58pm 02/08/2024 (20 minute delay) ? |
| EQN (ASX) Chart |