Well maybe not a big day today but a great result nonetheless.
SO if they expect to make approx $100mil per annum, thats an approx EPS of $1. Apply any multiple you like and the SP has got to far higher than it is today. Apply a multiple of 1 and its SP is 4 times higher than today. I would expect reratings of the stock.
AND THIS DOES NOT INCLUDE STANLEY RIVER WHICH HAS THE DSO GRADE ORE...
I would be more concerned another player takes it over at rediculously low prices.
recent buying, page-9
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.04M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $75.64K | 6.600M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1171408 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1613973 | 3 |
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| Last trade - 13.41pm 12/09/2024 (20 minute delay) ? |
| CRI (ASX) Chart |