Exxaro, with a market value of about $7.6 billion paid $388m for African iron which was 1.46 times African Iron’s total asset value, according to data compiled by Bloomberg. That compares with a median multiple of 1.36 times for nine comparable deals, the figures show.
Equatorial with $90m in cash and market cap of $280m is looking fairly attractive considering its going to grow its asset value dramatically over the next 12months with 2 projects being drilled.
Exxaro, with a market value of about $7.6 billion paid $388m for...
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.74M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $10.50K | 77.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22160 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 35928 | 1 |
View Market Depth
| Last trade - 15.55pm 26/06/2025 (20 minute delay) ? |
| EQX (ASX) Chart |