Briefly, and then the latter.
So assuming the 59% in the ann is right and true... lets update the maths -
MMJ: Shares on issue = 212,590,000 (approx) - https://www.marketindex.com.au/asx/mmj
MMJ @ $0.58 MC = AUD$123M (approx)
HVST: Shares on issue = 109,372,102 - https://web.tmxmoney.com/quote.php?qm_symbol=hvst
@ $2.03, MC = CAD$222M (approx) = AUD$228 (where CAD$1 = AUD$1.03
If MMJ owns 59% (as stated in the announcement), that means the asset value of MMJ's HVST shares is AUD$134.5M.
Add the weed.me $2M, the ESE $750K - MMJ asset value in investments is $137.25M
Cash on hand? Lets be unrealistically pessimistic and say its zero.
Seems the value of PTL is now AUD$ -14.25M (yep, that's a negative)
Can someone pay me $14M to take it off their hands?
TL;DR - The ASX is a freaking joke.
- Forums
- ASX - By Stock
- HGV
- Ann: Harvest One Operational Update
Ann: Harvest One Operational Update, page-12
-
- There are more pages in this discussion • 5 more messages 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 HGV (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.72M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.1¢ | $12.78K | 245.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 799773 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 9999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 113500 | 0.051 |
1 | 51011 | 0.050 |
2 | 106830 | 0.048 |
2 | 1106000 | 0.047 |
1 | 250000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 9999 | 1 |
0.055 | 134415 | 2 |
0.057 | 16111 | 1 |
0.058 | 45081 | 3 |
0.060 | 50218 | 3 |
Last trade - 15.27pm 11/10/2024 (20 minute delay) ? |
Featured News
HGV (ASX) Chart |