it’s a MASSIVE asset play.
I figure the upside at current price is at least 7-8x conservatively if they can execute a deal, maybe even 15-20x+ if they smash it out of the park for 6.
I don’t know what the chances of them executing a deal are, 50-50? Even if it’s only 25%, getting $7-8 on a $4 chance is right in my wheelhouse - looks like a bet on a live horse to me which I routinely make.
I already have exposure through @eternalgrowth and EGP, but quite keen to have a slash at this directly in my own name.
- Forums
- ASX - By Stock
- Ann: Asset Sale Agreement
it’s a MASSIVE asset play.I figure the upside at current price...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SIT (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.205M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $7 | 3.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 10130000 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 19201629 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 10130000 | 0.002 |
18 | 49854317 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 19201629 | 10 |
0.004 | 13540832 | 6 |
0.005 | 6204870 | 6 |
0.006 | 663333 | 3 |
0.007 | 3246667 | 3 |
Last trade - 12.52pm 19/06/2024 (20 minute delay) ? |
Featured News
SIT (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online