|Bid||0.1050 x 0|
|Ask||0.1100 x 0|
|Day's Range||0.1050 - 0.1050|
|52 Week Range||0.0720 - 0.1500|
|Beta (3Y Monthly)||2.04|
|PE Ratio (TTM)||5.00|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.33|
POMSoX: HIG), via a definitive scheme implementation agreement (the "Implementation Agreement"), whereby Cobalt 27 proposes to acquire all of the issued ordinary shares of Highlands that it does not own by means of a scheme of arrangement (the "Scheme") under Part XVI of the PNG Companies Act in Papua New Guinea (see news release dated January 1, 2019). On March 12, 2019, Highlands filed the Independent Expert's Report concluding the Scheme is fair and reasonable, and therefore in the best interests of Highlands' shareholders.
A look at the shareholders of Highlands Pacific Limited (ASX:HIG) can tell us which group is most powerful. Institutions often own shares in more established companies, while it’s not unusual Read More...
Highlands Pacific Limited (ASX:HIG) is a small-cap stock with a market capitalization of AU$147.52m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, theyRead More...
The Ramu Cobalt Nickel Stream is governed by the MPA, pursuant to which Cobalt 27 has agreed to acquire the right to purchase 55.0% of RNL's attributable share of the payable cobalt metal and 27.5% of RNL's attributable share of the payable nickel metal produced at Ramu, for the life of mine, in exchange for a US$113 million (C$145 million) upfront cash deposit payable to Highlands. Highlands, which owns 100% of RNL, currently holds an effective 8.56% ownership interest in Ramu. However, Highlands will use proceeds from the Transaction to increase its effective ownership interest in Ramu to 11.3% through the repayment of its share of outstanding Ramu construction and development loans. For clarity, the Ramu Cobalt Nickel Stream will be over RNL's pro forma 11.3% ownership interest in Ramu.