NST 1.94% $17.90 northern star resources ltd

https://hotcopper.com.au/threads/ann-nst-northern-star-makes-150m...

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  1. 11,185 Posts.
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    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
 
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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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