AGM 0.00% $1.60 australian governance & ethical index fund

mind blowing..., page-2

  1. fss
    689 Posts.
    Your maths if fine jacoba1 :)

    One thing though, just because a company may have billions dollars worth of resources in the ground, doesnt mean its worth that amount. It's all about expectations of future cashflows - basically what a company can mine, produce, enrich, etc and actually sell. That amount is the crucial one.

    Have a look at UCL, they have the largest proven zinc deposit in the world, but the stock is hovering around 4c. I'll let you figure out why :)
 
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