I've had a bit too much time on my hands today! but i'd like to get opinions on the cash valuation for key:
IMO -
Key's Quarterly report to the end of December revealed:
86,000,000 shares on issue
12,432,000 cash on hand
3,500,000 estimated cash outflows for next quarter.
Consequently:
Cash on Hand to the end of December equates to 14.46 cents per share
Cash to the end of March estimated to be 10.39 cents per share
Whilst exploration on the recent project went longer than expected, we have to keep in mind that cashflows had been factored in to the end of December. Hopefully the estimated cash outflows for the next quarter are not significantly underestimated.
look forward to hearing your thoughts
Cheers,
KO
- Forums
- ASX - By Stock
- KEY
- cash valuation
cash valuation
-
- There are more pages in this discussion • 2 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
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
Add KEY (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.262M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
KEY (ASX) Chart |
Day chart unavailable