Today NST delivered its results...
NST reported a profit of $1B. NST is 30x's the MC of CAI
CAI is projecting a profit of ~$90M (current mine)... on a like for like basis that equates to a notional $2.7B profit for CAI.
I can only conclude that NST is trading 3x's above its correct share price and should be trading for around $2.50.
All I can say is "buyer beware".
CAI - General Chat, page-246
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Last
10.3¢ |
Change
-0.008(6.82%) |
Mkt cap ! $81.45M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $218.0K | 2.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 3467918 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 831527 | 13 |
View Market Depth
| Last trade - 11.27am 25/06/2024 (20 minute delay) ? |
| CAI (ASX) Chart |