I detect a hint of cowardice from the mining nut. A few well placed questions, going unanswered.
I just want to highlighting a dash of bravado. One sees a number of outlandish comments and predictions, that come across as fact.
There is also a hint of sloppy work, which I have pointed out before. It is fairly regular quite frankly. I wonder if there is actually a pinch of incompetence within the mix...
I am fed up with your disinformation or hiding information in a bed of work. Your cash flow model looks like a Picasso to the untrained eye, but in your last cash flow model, you left off AUD 17m and then talk absolute rubbish about when a buy back could realistically be done.
You also value this company at $2,23 like the conservative back room accountant you are. Do not let this miningnut anywhere near the drivers seat, whatever you do.
$120m * $5 = $600m / 269m shares (fully diluted) = $2.23
Also, anyone that suggests a dividend should be paid to a share that is at a drastic discount to it's fair value is a moron. I mean everyone. If there is a dividend on this share while this share is less than $3 - they I will conclude that the management are morons too.
EVERY SINGLE LAST CENT - NEEDS TO BE SPENT ON A BUYBACK OF SHARES - UNTIL THIS SHARE REFLECTS IT'S FAIR VALUE.
The management of this company need to unwind over 50 million shares they have issued getting us back to mining.
Miningnut - do not expect me to stand by while you pollute these forums with posts that look like a Aston Martin but are a donkeys.
I won't expect a reply.
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Last
$1.63 |
Change
-0.055(3.27%) |
Mkt cap ! $418.8M |
Open | High | Low | Value | Volume |
$1.66 | $1.67 | $1.63 | $376.3K | 229.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10338 | $1.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.64 | 51400 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10338 | 1.625 |
1 | 10000 | 1.620 |
3 | 23400 | 1.610 |
2 | 1255 | 1.605 |
3 | 157000 | 1.600 |
Price($) | Vol. | No. |
---|---|---|
1.635 | 47000 | 1 |
1.650 | 40000 | 1 |
1.680 | 5076 | 2 |
1.710 | 1000 | 1 |
1.720 | 5500 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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