How good is CAN at project management?
They have to manage the build of an A$100m facility over + 12 months. This is more cash than they have in the bank so will need more capital (= shareholder dilution) and/or debt (= more financial leverage).
If you value CAN relative to its more mature major shareholder Aurora, then current mkt cap is not far off fair value with the risks involved. I can't see how Aurora could pay much more for CAN without diluting its own sp? This all assumes demand exceeds supply in the medium term, which is probably a reasonable assumption and probably baked into the Aurora mkt cap anyway.
Column 1 Column 2 0 {colgroup} 1 {col=224x@}{/col}{col=107x@}{/col} 2 {/colgroup} 3 Aurora mkt cap (CAD Bn's) 5.260 4 Aurora production facility footprint (sq feet) 4,505,000.00 5 Aurora production facility footprint (sqm) 418,528.60 6 Aurora mkt cap per sqm 0.0000126 7 AUD equivalent mkt cap per sqm 0.0000129 8 CAN proposed footprint (sqm) 37,000.00 9 CAN equivalent mkt cap (AUD Bn's) 0.479 10 CAN actual mkt cap (AUD Bn's) 0.374
- Forums
- ASX - By Stock
- CAN
- I see CAN being taken over at $7.5 by Aurora
I see CAN being taken over at $7.5 by Aurora, page-47
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAN (ASX) to my watchlist
|
|||||
Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $15.87M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.4¢ | $6.735K | 194.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 52718 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 242252 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 52268 | 0.034 |
1 | 140000 | 0.033 |
3 | 938000 | 0.032 |
6 | 432555 | 0.031 |
8 | 2368333 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 242252 | 1 |
0.038 | 214938 | 1 |
0.039 | 38700 | 2 |
0.040 | 1459299 | 5 |
0.041 | 257700 | 2 |
Last trade - 15.59pm 09/08/2024 (20 minute delay) ? |
Featured News
CAN (ASX) Chart |