As a holder of both I can see benefits to both companies. WAF would have an experienced mining team to progress their project and may even look to incorporating a level of automation and RSG would get an exciting project to further enhance their production in a location similar to their existing projects and it aligns with their London listing aspirations at being West African focused.
However any takeover would need to be at a premium to existing WAF shareprice. Probably in the vicinity of 50 to 60 cents a share to peak any interest from shareholders, based purely on the potential size of the project.
Hope though that if they did they do so in a friendly manner , not like the RMS-EXU takeover
Christopher
As a holder of both I can see benefits to both companies. WAF...
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Last
43.5¢ |
Change
0.020(4.82%) |
Mkt cap ! $1.543B | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.5¢ | 42.0¢ | $10.17M | 23.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 252583 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 265791 | 4 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |
