Hmm even if there was a takeover, at these crazy prices for a 1.28moz confirmed resource, you can guarantee there will be a bidding war. I can’t see it getting sold for less than 20c per share after any bidding war. The resource is worth well above that anyway. Bargain prices. Imo people would be silly to sell at these levels anyway because any takeover would be more than 4x current prices. That’s a big return to miss out on.
I would still be disappointed as I am looking long term to mining and a much greater resource. However we can’t change the market right now unfortunately.
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Last
43.0¢ |
Change
0.005(1.18%) |
Mkt cap ! $153.2M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.5¢ | 42.5¢ | $274.3K | 629.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12870 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 22953 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AUC (ASX) Chart |