Can someone let me know if my minimum $10m revenue to EMR makes sense, as this should fly if that's the case. And that's just for $25m worth of wells. Let's assume $10m pre tax profit for now, as costs would be minimal. A multiple of 8 throws up around $1 already ignoring any options dilution, and given these are long term producers, 8 is not a silly multiple.
If this adds up, I would expect another reasonable rise to between 20c and 30c once the deal is understood over the next few days combined with some reasonable drilling results, then a large rise on confirmation of funding.
Just seems to good, so still looking for holes
big thinking, page-16
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.88 |
Change
0.090(2.37%) |
Mkt cap ! $2.536B | |||
| Open | High | Low | Value | Volume |
| $3.91 | $3.91 | $3.83 | $558.2K | 144.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 7360 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 3753 | 7 |
View Market Depth
| Last trade - 10.50am 08/11/2024 (20 minute delay) ? |
| EMR (ASX) Chart |