No - Not really RAF
200,000,000 seems far more than we need to buy Indee - even at 8 cents raise - but for the point of this exercise lets go with that.
625,000,000 shares after the raise
Go with 1.4m ounces (not 2M) at a conservative $45- per resource ounce = 63mill MARKET CAP divided by the 625 shares
AND YOUR AT FAIR VALUE OF 10 CENTS A SHARE (approx)
So I don't get your constant negativity over the subject RAF - it like you are in a panic - not logical.
As you have disclosed, you hold shares - Let me ask you here at 8 cents if KL was to invest more into DEG to help them through this BUMP in the road - would that not be a good thing?
PS: @jonathm54 can you check my math's please mate!
Indee, page-24
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.17 |
Change
0.005(0.43%) |
Mkt cap ! $2.792B | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.17 | $1.14 | $5.046M | 4.363M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31359 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 188955 | 8 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |