With both RND and TBR, it would make sense for NST to attempt a takeover to consolidate their ownership of the EKJV.
The sweetener for NST is that the Net Asset position of RND and TBR - the gold bullion alone is worth $200 million - even if they paid a decent premium over the current market cap, it would still make sense for them to get 100% of the EKJV.
Sure, they would have some issues taking over 100% because of the large holdings by the directors but they would be silly not to try.
half year preview, page-3
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Last
$2.15 |
Change
0.060(2.87%) |
Mkt cap ! $92.70M | |||
| Open | High | Low | Value | Volume |
| $2.15 | $2.18 | $2.07 | $153.1K | 71.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 82 | $2.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 21120 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| RND (ASX) Chart |
