I was thinking similar thoughts today Geo. Though I am sure PRU would prefer their market cap to be a lot higher before undertaking any sort of move. Perhaps a 'merger of equals', like NST/SAR. Would create a 700-750k p.a producer by mid next year.
Not that I would be overly eager to see such a deal, but... unsurprisingly, the 'market' does not care much what I ponder. Only what the big institutional funds prefer.... and they prefer bigger.
WAF $2.00 Party - You're all invited!, page-756
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Last
$1.49 |
Change
-0.050(3.25%) |
Mkt cap ! $1.694B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.52 | $1.49 | $5.336M | 3.562M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 25999 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 30396 | 5 |
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| WAF (ASX) Chart |