I don't get how you got to $4 for this stock based on another completely different stock...
Here are a few of the key differences:
Shares Issued ABU: ~2.8 billion
Shares Issued RRL: 420 million
JORC Resource ABU: 2Moz (aiming for 3-3.5Moz)
Jorc Resource RRL: 6.5 Moz (Aiming for 8Moz)
Doing some fundamental analysis, assuming same price of producing for both companies (very unlikely, depends on grades, depths etc).
2Moz * $700/tonne profit /2.8 billion = 50c
6.5Moz * 700/tonne profit / 420 million = $10.8
thats based on a total reserve worth, not a stock worth. so it takes into account no risk or opportunity, no setbacks, or future market considerations, thus far higher than you can aim.
a takeover for 20c for ABU would be nice.
- Forums
- ASX - By Stock
- PRX
- might be of interest
might be of interest, page-14
-
- There are more pages in this discussion • 5 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 PRX (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.235M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3899883 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 25031184 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3599883 | 0.002 |
28 | 77731589 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 24911184 | 25 |
0.004 | 7920032 | 12 |
0.005 | 4921265 | 8 |
0.006 | 2966667 | 6 |
0.007 | 7600000 | 3 |
Last trade - 16.12pm 16/08/2024 (20 minute delay) ? |
Featured News
PRX (ASX) Chart |
Day chart unavailable