Landrat
Initially i thought AUT buying EKA's land was a slight possibility, but the more i do the math the less attractive it looks for a billion dollar company like AUT with cash flows in excess of $150 million a year. I think AUT has bigger things in mind than a small ~1500 acre purchase.
I also think EKA is better off financially keeping this asset, reserves growth will be the key this year (not to mention production growth). I think the market is really over looking EKA's reserves at the moment, IMO they are trading substantially lower than current 1p reserves. Its important to note that AUT is a step ahead of EKA in released reserves reports, and when accounting for the increase in 1P reserves you get an NPV of around .67c a share for EKA.
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Last
71.5¢ |
Change
-0.035(4.67%) |
Mkt cap ! $350.9M |
Open | High | Low | Value | Volume |
72.0¢ | 73.5¢ | 71.0¢ | $812.2K | 1.124M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 23960 | 71.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
71.5¢ | 74002 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 23430 | 0.710 |
7 | 118925 | 0.705 |
14 | 128383 | 0.700 |
7 | 196506 | 0.695 |
3 | 20925 | 0.690 |
Price($) | Vol. | No. |
---|---|---|
0.715 | 75391 | 10 |
0.720 | 26362 | 7 |
0.725 | 20515 | 5 |
0.730 | 19200 | 5 |
0.735 | 23215 | 6 |
Last trade - 15.41pm 26/06/2024 (20 minute delay) ? |
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