MOY 0.00% 5.1¢ millennium minerals limited

gold up, goldies up , moy down, page-4

  1. 2,449 Posts.
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    ASF

    When I value a company I look at its earnings , apply a multiple and adjust for Cash less Debt

    Thus if you have 2 goldies each earning $ 20m pa, but one has zero debt and $ 10 m cash , and the other has $ 20 m debt---then we all know which is most valuable ( all other things being equal )

    Under your method, the raised cash carries no value, and i don't agree with this
 
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Currently unlisted public company.

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