WAL wavenet international limited

under the radar or unloved?

  1. 46 Posts.
    WAL has

    13m CLR shares @ $1.75 = $23m
    Plus 9m cash

    Plus coal leases
    Plus another 7m CLR shares pending (about $12.5m)

    So assuming that the market assigns no value to the coal leases, the company value is around $45m.

    Share price at 39c gives market cap $23m.

    Under the radar or unloved?
 
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Currently unlisted public company.

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