https://hotcopper.com.au/threads/an...4533227/page-17?post_id=36491513#.W-qjrBo_WhA
“In any rational stock market the price of NST should have tanked badly today on this announcement.
The EKJV produced 267,154oz in the 2018 financial year. NST’s share 51% or 136,248ozs of the EKJV production was 23.7% of the total ore produced by NST of 575,121 ozs in financial year 2018.
$150 million values NST’s share of the EKJV at $156 million.
Considering the EKJV represented 23.7% of NST’s more profitable production. This offer values NST (pre-Pogo and cash holdings) at
100/23.7 x $156 million = $658 million
That puts a value on Pogo and the cash NST hold of $4.7 billion. Good luck with that.
This offer needs to be investigated by the government and I don’t mean regulators. I mean by the parliament. Esh
Ann: Northern Star makes $150M offer for 49% stake in EKJV, page-9
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Last
$17.90 |
Change
0.340(1.94%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $17.74 | $17.93 | $17.64 | $80.48M | 4.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 160 | $17.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.90 | 44796 | 3 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |
