“..:. Now just say you were a company looking for a decent acquisition.Why would you be buying this company when it has already sold most of its gold to an "offtaker"...”
Not sure I follow your thinking? Gold producing companies are in the business of selling gold, afterall...why would an off-take agreement struck at the prevailing market price be intended as a ‘poison pill’??
WAF valuation, page-35
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Last
$1.50 |
Change
0.020(1.35%) |
Mkt cap ! $1.705B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.52 | $1.47 | $7.074M | 4.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20315 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 22893 | 5 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |