That is not what I have said .
Obvioulsy MHM will increase revenue from the current 2.5m per annum levels and move in to profit over the next few years
What I dont believe is the valuation
At $100m they need at least 10 years of $8m per annum in profit to justify this valuation , I am just not convinced this will happen in the next few years with the information to market I have seen to date
If the sept quarterly shows signs of a dramatic shift i am happy to change my view, I just think Ill get them cheaper when some form of reality hits .
On CDU you may well be right . The market sentiment hates them , which is why they dropped from $5 to $2 , I probably like them up to $3
Their reported resource clearly shows their is a huge mine, they have been supported by Prudential as a major fundie in recent weeks , copper prices are flying , the 300m market cap seems light on to me .
Just my opinion
- Forums
- ASX - By Stock
- VYS
- big boys playing games
big boys playing games, page-26
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VYS (ASX) to my watchlist
|
|||||
Last
40.5¢ |
Change
-0.025(5.81%) |
Mkt cap ! $170.8M |
Open | High | Low | Value | Volume |
42.5¢ | 42.5¢ | 40.5¢ | $112.4K | 272.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 28749 | 40.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 23000 | 0.405 |
4 | 36939 | 0.400 |
2 | 6031 | 0.395 |
3 | 71290 | 0.390 |
4 | 50800 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.410 | 50000 | 1 |
0.420 | 12000 | 1 |
0.425 | 100190 | 1 |
0.445 | 26538 | 3 |
0.450 | 338847 | 4 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
VYS (ASX) Chart |