At 3c ASN’s market cap is 16.5 million.
at 30c ASN’s market cap is 165 million.
For a Disallowed from 3c thats a company increase of 148.5 million.
To use PLS for an example. Lets say they now have 2bill shares on issue. For them to go from 35c to 42.5c thats a raise of 7.5c equates to increase in company value of 150 million.
GXY have 400million shares on issue at $1.06/share an increase of 42c to $1.48 a share represents an increa in market value of 150million
At the lower end of the share market, additional value to a company equates to big percentage increases for company holders.
I agree, that short term, i dont think we will see 10 bags for a while, but long term, i do view this company at being valued well over 150 million, seeing as we are sitting on Billions of dollars worth of minerals.
- Forums
- ASX - By Stock
- ASN
- News: ASN Anson Resources Announces Placement
News: ASN Anson Resources Announces Placement, page-44
-
- 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 ASN (ASX) to my watchlist
|
|||||
Last
9.7¢ |
Change
-0.001(1.02%) |
Mkt cap ! $125.1M |
Open | High | Low | Value | Volume |
10.0¢ | 10.3¢ | 9.7¢ | $166.8K | 1.692M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 492999 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 153458 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 492999 | 0.097 |
4 | 287191 | 0.096 |
2 | 76000 | 0.095 |
1 | 31344 | 0.094 |
7 | 380163 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 153458 | 1 |
0.105 | 436629 | 7 |
0.110 | 296971 | 3 |
0.115 | 212408 | 5 |
0.120 | 270100 | 5 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
ASN (ASX) Chart |