NUP 0.00% 1.5¢ nupower resources limited

share price on listing on asx, page-6

  1. 4,544 Posts.
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    On todays prices, some comparisons

    UTO @55c market cap of about $40mill (diluted)
    TOE @85c market cap of about $120mill
    NTU @1.37 market cap of about $55million

    Although open to debate IMHO none of these have anything better than NUP has and you could argue they are not as good. TOE as bought napperby off DYL for better or worse.

    Thats an average cap of $71mill as of tonights close.

    NUP with 43mill shares is $1.65 with a cap of $71mill, knock a bit of for the options if you like.

    Lets discount that by 50% just for the knockers out there and thats 80c per share.

    Assumeing the dust settles in the markets and we list later this week or next week (most likely) we should be able to reach this price I would think.

 
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