I think you will find that all of those companies would jump on it if it was offered for that price again.
At the time there was board movement / issues, A new CEO, Oil price was down, Origin (the JV partner) was selling their 50% via lattice to beach. There were lots of distractions.
Stock market valuations are almost always wrong.
Your $250m valuation is less than half of what waitsia sold for. And the new projected resource size of WE is greater.
I think you will find that all of those companies would jump on...
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $615.6K | 2.846M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 862958 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 1640055 | 14 |
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