wouldn't you say that the current price reflects a high risk of project failure (although maybe not as high a risk as you think it should) because if it is viable it is on an extremely low forward earnings multiple. I mean, it looks to me as if the market has already priced in a fair chance of failure given its market cap is roughly equal to its first year's earnings (albeit based on the lower A$)?
Yes, it would be a shame if this project is a casualty of the US$ depreciation.
mount gibson , page-20
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Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $510.2M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 42.0¢ | 41.0¢ | $118.8K | 285.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 154881 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 294066 | 7 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |