To those buying thinking this is a great price, have you worked out the actual cash in hand value? After zim tax and 50 mil held in reserves, conservatively say .91 special dividend, then you pay tax on that. lets conservatively say that brings it to .59 then the company retains a 10c value after the sale. So the price should sit around 70c today. this is my rough conservative workings, but please do your own research, i just dont want unsuspecting people to be burnt today.
News: PSC Zhejiang Huayou Cobalt's Unit To Buy Prospect Lithium Zimbabwe, Related Creditor's Rights, page-107
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10.0¢ |
Change
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Mkt cap ! $54.34M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $227.9K | 2.107M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 247087 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 67347 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| PSC (ASX) Chart |