Hi,
For a short time today when 41.5c sales crossed, market cap crossed over to 200 million. It strikes me that when previous discussions occurred over the last 2-3 years on the basic economics of DZP, these discussions were when we were at <$100m. Prior to recent rise, and capital raising....
But putting it in perspective, the projected EARNINGS of DZP are approaching double our current market cap with Hf, and we are at a macro P/E of about 6-8 (I know this is not true ebitda etc etc, don't shoot !!!) for TGP alone.
Servicing debt of $1B at 10% or so is 100m/pa (hypothetical) still leaves $200-250m EPS, or PE of 1 for DZP.
Given the rise has been on no actual news, and that traders will make the rise nonlinear, 40c is still conservative IMHO.
And Market Cap hits $200m....
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Last
57.5¢ |
Change
-0.010(1.71%) |
Mkt cap ! $346.9M | |||
| Open | High | Low | Value | Volume |
| 58.5¢ | 59.0¢ | 56.5¢ | $1.109M | 1.920M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 47384 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 20486 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
57.5¢ |
Change
-0.010 ( 2.08 %) |
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| Open | High | Low | Volume | ||
| 58.5¢ | 59.0¢ | 56.5¢ | 493430 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| ALK (ASX) Chart |