Hi all,
This popped up in street talk on the AFR today…
Management is certainly worried they will get taken over given their cash position…
Makes sense, if I had latent capacity at my plant and could roll it tomorrow… get access to tier one deposit, produce within 6 months and bank BGL’s cash of ~$200mill… Northern Star?? Santa Barbara??
Even at a 30% premium we are only at $1.1, cheap as chips…
Will be a fun lead up to Christmas if this eventuates!
GLTAH
T/O becoming a reality….
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Last
$1.28 |
Change
0.025(1.99%) |
Mkt cap ! $1.638B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.30 | $1.25 | $38.90M | 30.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7843 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 125198 | 2 |
View Market Depth
| Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
| BGL (ASX) Chart |