I've been watching with interest from the sidelines with all the talk about LEG and how comparisons are being made to SIR and what potential prices could end up being. To this extent I've tried to extract some information on SIR during the years and relate it back to its Market Capitalisation (Share Price x Number of Shares on Issue) so that peoples expectations can be clearly defined. Please refer to the table below for these details. Highlight row is the region between which LEG price would be if people were to associated 100% value of the discovery to LEG on a like for like basis with SIR that was taken over for $1.8B. I know this is incorrect as the Creasy group holds 30% of this tenement but I am assuming with all of the land LEG has there are more SUPERNOVA"s to be found so a premium for this needs to be applied. Happy digesting information and I'll be watching the market on open with keen eyes Monday hopefully seeing Mark explain he has found the needle in the haystack and we are on the way to delineating a Super Nova Discovery.....
Note there are options on issue for LEG that are unlisted that will come into the money from 4 cents up to 7 cents so I've done the analysis on a diluted basis from 7 cents onwards.
SIR 1 # Shares on Issue Share Price^ Market Capitalisation Notes 2 30/06/2009 449150615 $0.0110 $4,940,657 3 30/06/2010 1410142397 $0.0110 $15,511,566 4 30/06/2011 150934586 $0.0800 $12,074,767 Share Consolidation Dec 2011- Jan 2012 5 23/11/2012 191700000 $2.5000 $479,250,000 Rounded Share Number 6 19/11/2013 261900000 $2.5000 $654,750,000 Rounded Share Number 7 27/11/2014 414201575 $2.8000 $1,159,764,410 Rounded Share Number 8 30/12/2014 414201575 $2.8000 $1,159,764,410 Half Yearly Report prior to demerger no annual report published this year 9 10/09/2015 414201575 $4.3800 $1,814,202,899 IGO Takeover and delisted 10 11 ^ Closest price I can find near Annual Report data as price not disclosed in annual report 12 13 LEG 14 Shares on Issue Undiluted Shares on Issue Diluted Share Price Market Capitalisation Undiluted Market Capitalisation Diluted 15 2372128578 2759239689 0.04 $94,885,143 16 2372128578 2759239689 0.042 $99,629,400 17 2372128578 2759239689 0.045 $106,745,786 18 2372128578 2759239689 0.05 $118,606,429 19 2372128578 2759239689 0.06 $142,327,715 20 2372128578 2759239689 0.07 $166,049,000 21 2759239689 0.08 $220,739,175.12 22 2759239689 0.09 $248,331,572.01 23 2759239689 0.1 $275,923,968.90 24 2759239689 0.11 $303,516,365.79 25 2759239689 0.12 $331,108,762.68 26 2759239689 0.13 $358,701,159.57 27 2759239689 0.14 $386,293,556.46 28 2759239689 0.15 $413,885,953.35 29 2759239689 0.2 $551,847,937.80 30 2759239689 0.25 $689,809,922.25 31 2759239689 0.3 $827,771,906.70 32 2759239689 0.35 $965,733,891.15 33 2759239689 0.4 $1,103,695,875.60 34 2759239689 0.45 $1,241,657,860.05 35 2759239689 0.5 $1,379,619,844.50 36 2759239689 0.55 $1,517,581,828.95 37 2759239689 0.6 $1,655,543,813.40 38 2759239689 0.65 $1,793,505,797.85 39 2759239689 0.7 $1,931,467,782.30 40 2759239689 0.75 $2,069,429,766.75 41 2759239689 0.8 $2,207,391,751.20 42 2759239689 0.85 $2,345,353,735.65 43 2759239689 0.9 $2,483,315,720.10 44 2759239689 0.95 $2,621,277,704.55 45 2759239689 1 $2,759,239,689.00
- Forums
- ASX - By Stock
- LEG
- SIR Market Capitalisation vs LEG theoretical
SIR Market Capitalisation vs LEG theoretical
-
-
- There are more pages in this discussion • 8 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 LEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.00M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $6.862K | 571.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 925027 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 614300 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 925027 | 0.011 |
9 | 2105936 | 0.010 |
3 | 1321211 | 0.009 |
2 | 1370000 | 0.008 |
4 | 7730000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 614300 | 3 |
0.013 | 484965 | 3 |
0.014 | 1260019 | 5 |
0.015 | 658200 | 2 |
0.016 | 858075 | 5 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
Featured News
LEG (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online