if a takeover was attempted now i think you would have to take off a natural market discount that would happen in the current market environment - but the rest of what you both say is interesting - i think it looks good, but around the high 40's - 50 range if tested should see where this thing is going short term. Wingellina while 'potentially' huge is a fair way off from what i can understand, longer term it may become more relevant, at the moment though i think the movement is solely in relation to tin and Rennison. The nickel royalty is a nice side dish, with Tin being the main at the moment, and Wingellina being the potential 5 star gourmet a few years down the track!
i am not talking it down, just trying to get an idea of where it is at - and i know i have said this before and you guys haven't agreed - but i still believe the number of shares on issue hamstrings the sp progress again too.
all in all looking very good though and still has plenty of room to move upwards - an announcement of some sort would be good timing right about now as well.
cheers
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62.5¢ |
Change
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Open | High | Low | Value | Volume |
66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
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No. | Vol. | Price($) |
---|---|---|
4 | 86376 | 62.0¢ |
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Price($) | Vol. | No. |
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1 | 70000 | 0.620 |
1 | 1000 | 0.615 |
11 | 248884 | 0.610 |
4 | 40722 | 0.605 |
15 | 244183 | 0.600 |
Price($) | Vol. | No. |
---|---|---|
0.625 | 161645 | 2 |
0.630 | 18542 | 1 |
0.635 | 7000 | 1 |
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