You need to do your maths again.
at $50, WA1 is worth around $3B.
at $10 for ENR, that would be over $4B
Enr have 3 holes and are valued at $333m or $111m per hole.
If WA1 was valued at $111m per hole, it would be worth over $10B today. WA1 have outstanding Mets and the 2nd biggest resource in the world.
what are they smoking over the border there?
$50 Party, page-463
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Last
$14.50 |
Change
-0.470(3.14%) |
Mkt cap ! $940.5M | |||
| Open | High | Low | Value | Volume |
| $14.77 | $15.00 | $14.32 | $2.470M | 170.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 533 | $14.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.52 | 1748 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |