Hey Binwood
I agree with your numbers although somewhat conservative IMO.
Massive potential further upside if GP continues to move up.
I am getting a strong sense the new team have a plan in place to build the resource with a view to sell the project to the highest bidder.
Every move they have made since coming on board supports this possibility.
Based on your figures can you provide a guesstimate of what suitors would be prepared to pay for the project based on your valuations?
I am thinking 4 to 6 times current SP……or min $2.00 per share.
Your thoughts would be appreciated.
HB
Hey Binwood I agree with your numbers although somewhat...
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Last
47.0¢ |
Change
0.018(3.87%) |
Mkt cap ! $167.4M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 47.0¢ | 45.0¢ | $124.6K | 272.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4288 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 893 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| AUC (ASX) Chart |