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37,911 Posts.
828
08/11/17
12:43
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AVZ owns 60% of the lithium deposit
at 30 cents, it market capitalisation is AUD$657M, valuing the whole lithium deposit at AUS$1.1 billion or US$830M
the director sold 28% of their share at 15.5 cents each
therefore, an investor generally makes some estimate of what they think the company or the lithium deposit is worth?
currently the lithium deposit is valued at AUS$1.1B or US$830M
how much do you think the Chinese will pay? US$1B? US$2B? US$3B?
who knows?
Last edited by
ddzx:
08/11/17
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