Jake. Have a good look at what BOW was "valued" at and how those sums added up.
Will give you another perspective to work from.
"Values" must also take into account factors such as "strategic value", "control", other properties and I throw in that infamous (but BLOODY VALUABLE GSA-did BOW or ADE have anything like that?) and clearly, stock control (ADE had none of that and got blown out of the water in the first 20 minutes with NO 1 SH dumping and running) and very much, the ability of management to exact the best deal.
That's why, I have put a "value" of over $200 mil just to to get "control" and well over $300 mil to get even close to 90%. If we are still in when 855 is drilled and with positive results from testing, you would probably double those numbers, given the BOW scenario.
Each to their own devices, but, would not in a million years compare ICN to ADE. Again, strictly my opinion only.
And for those sceptics out there regarding my "identity", I do share another thing in common with RJ apart from our involvement with ICN, we both drive Nissans, but, mine is 16 years old.
- Forums
- ASX - By Stock
- ICN
- indication of potential value of atp855
ICN
icon energy limited
Add to My Watchlist
0.00%
!
0.6¢

indication of potential value of atp855, page-6
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.208M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ICN (ASX) Chart |
Day chart unavailable
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online