GW1 7.41% 5.0¢ greenwing resources ltd

15c, page-5

  1. 9 Posts.
    Couldn't agree more!

    BSM has good fundamentals and seems a bit underpriced at a market cap yesterday of $16m, considering they have:

    - Cash of $4,430,000 and have hardly burnt any over the past FY.
    - A hedged operating cash flow
    - An active exploration program and stream of announcements (is there anyone with the expertise to crunch the numbers coming out of their announcements and put a value on their reserves?)

    I thought that BSM may have bottomed in that band of around 21 to 25 cents, however the market weakness since then has probably taken us lower.

    Anyway I continue to hold my very small parcel and hope that the value equation here will consolidate further and possibly take us back up to its highs of over 50c!



 
watchlist Created with Sketch. Add GW1 (ASX) to my watchlist
(20min delay)
Last
5.0¢
Change
-0.004(7.41%)
Mkt cap ! $12.03M
Open High Low Value Volume
4.9¢ 5.0¢ 4.5¢ $6.166K 126.2K

Buyers (Bids)

No. Vol. Price($)
1 15000 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 8255 1
View Market Depth
Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
GW1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.