I got bored over the weekend and decided to create a spread sheet with every major Co play on the ASX comparing MC to IGV and a couple of other criteria.
Just for curiosity at the time of CLQ PFS release (October 16) using their quoted Co/Ni pricing their MC was 1.88% of their claimed IGV, on this basis using current prices our fully diluted MC would be $240m or $2.308 per share.
I know there are many other factors which can influence the price though it is an interesting statistic considering how much more positive the market sentiment is compared to 2016
Largest cobalt resource with lowest valuation, page-2328
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Last
59.0¢ |
Change
-0.045(7.09%) |
Mkt cap ! $117.7M | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 66.5¢ | 59.0¢ | $216.2K | 343.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 58.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 4763 | 1 |
View Market Depth
| Last trade - 15.58pm 21/05/2024 (20 minute delay) ? |
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Last
60.0¢ |
Change
-0.045 ( 6.98 %) |
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| Open | High | Low | Volume | ||
| 62.0¢ | 66.5¢ | 60.0¢ | 70134 | ||
| Last updated 15.58pm 21/05/2024 ? | |||||
| ARL (ASX) Chart |