3.90 give or take - assuming NCM's share price improves this week following the big miners sell off ( overdone imo)
At $32ncm plus the cash payment it values lgl at $4.03 - If NCM recovers to $33 then valuation $4.14.
Imho the takeout price about 15% - 20% light on - given that LGL's assets are primarily non australian and the gold price is $100+ from gold price when deal originally mooted and near term could easily run another $100 - $150 an ounce before correcting.
3.90 give or take - assuming NCM's share price improves this...
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Last
$1.43 |
Change
0.035(2.52%) |
Mkt cap ! $173.9M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.39 | $5.073K | 3.633K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1524 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 13445 | 1 |
View Market Depth
| Last trade - 15.59pm 09/08/2024 (20 minute delay) ? |
| LGL (ASX) Chart |