Hi Guys
If this takeover does eventuate then we will see the coal sector hot up considerably, especially in mongolia. There has been alot of action in the sector with the likes of HUN being bid for as other posters have mentioned. A transaction of this size would bring considerable heat back to the share price IMO. As this may force a move from Nobel if they have any attention off taking over the company.
Still need to see this scoping study though before I believe anyone will look at buying out the company. The skull love your optimism, but no one will pay $8 a share in this economic climate (market cap would be 4 billion).
Also alot of companies are cashed up atm especially those in the coal ector, due to recent windfalls of higher coal prices and incresed demand. Still hard to see the share price at these levels, GL to all holders
GB
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Last
35.0¢ |
Change
0.020(6.06%) |
Mkt cap ! $177.6M |
Open | High | Low | Value | Volume |
33.5¢ | 36.5¢ | 33.5¢ | $78.60K | 219.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 38189 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 2076 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 38189 | 0.340 |
1 | 6818 | 0.335 |
7 | 135040 | 0.330 |
8 | 168315 | 0.320 |
1 | 1645 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 2076 | 2 |
0.360 | 15000 | 1 |
0.365 | 6500 | 1 |
0.370 | 64340 | 3 |
0.375 | 54759 | 1 |
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