26 * 2,500,000 = $65M /2B shares = 3.25c/share pa
Further dilution of 50% for jv = 1.6c/share
less expenses 50% expenses
0.8c/share
pe of 7 => 5.6c
avg price now 1.7c => 300%
The margin isn't the problem it's whether they can actually get an 2.5MT operation going and then whether they can expand on that.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.77M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 124488 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 788295 | 2 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| ADY (ASX) Chart |
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