having a quick look, happy to be corrected, but ADN owns 75% of the project
also 723M options 1.2 cents exerciseable
total script = 2,080,087,374
market cap is currently $210 million at 8 cents if the ownership was 100%
profit after tax comes to around $29M per year
50% x $34M raising at 5 cents per share results in 2.5 billion shares
annual EPS comes to 1.2 cents
PE x 10 comes to 12 cents per share valuation
this looks close to fully valued to me, given there is commodity price risk
Ann: Scoping Study Delivers Robust Economics for Poochera, page-42
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Last
1.9¢ |
Change
-0.003(13.6%) |
Mkt cap ! $59.09M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.8¢ | $206.8K | 10.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 7874401 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 582427 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |