Ya Ya
I've previouly posted valuations on GDM both on here on "other forums", so won't repost them in full on here, but...
But work out the market cap @ 166m x $0.46 = $76m
Now lets work out the EV value.
Subtract - Cash on hand (30/6/07 = $7.5m*)
Less - Exploration & Admin costs of say $1.5m = $6m
Value of Listed Investments:
UNX - 33m x $1.185 = $39m
CNI - (14m x $C1.46 /1.15) = $18m
(+ Cash approx $C17m/$1.15) = $14m*
So $6m + $39 = $18m + $14m = $77m!!!!!!
* CNI cash not incl in Cash figure
This doesn't include ANY of GDM's projects, ie Cairns Hill, Mt Woods, Lonmin JV's, 1% NSR over AGS permit...
CNI figures off the TSX website & FX rates off Findata.
Which ever way you want to look at it, GDM is cheap & vastly undervalued & whoever said its value is 2 - 3 times its current value, isnt too far off the mark IMO.
I hold & no surprise i'm buying...
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GDM
great divide mining ltd
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Last
43.0¢ |
Change
-0.020(4.44%) |
Mkt cap ! $14.21M |
Open | High | Low | Value | Volume |
43.0¢ | 43.0¢ | 43.0¢ | $6.824K | 15.86K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 989 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 9382 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 989 | 0.430 |
1 | 15091 | 0.425 |
3 | 10039 | 0.420 |
1 | 18571 | 0.410 |
1 | 5000 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 9382 | 1 |
0.450 | 35000 | 1 |
0.460 | 23200 | 1 |
0.475 | 33948 | 3 |
0.485 | 10000 | 1 |
Last trade - 13.27pm 10/07/2025 (20 minute delay) ? |
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GDM (ASX) Chart |