Just for the record - if you assume a 6 x dilution rate basis .025c then the relisted price will be .004c not .04c
I would imagine that there is potential to have a "reasonable" market cap given the rise in LME base metal prices (although CSD will only produce concentrates). The major new shareholder is being issued shares at .012165c and would probably like to see some price appreciation from this level. Maybe initial market cap of $60-80m but purely a guess
- Forums
- ASX - By Stock
- CSD
- Ann: Appendix 4E and 2016 Full Year Statutory Accounts
Ann: Appendix 4E and 2016 Full Year Statutory Accounts, page-7
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CSD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online