Hey Wombat, how did you get to a MC calc of $210M?
The options to be exercised will only generate 6M in cash, yet you increase the market cap from 161M today to 210M a 50M increase.
Are you assuming the option dilution is allready priced in?
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ADN
andromeda metals limited
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1.1¢

ADN pre-DFS target of $0.26 to $0.35, page-7
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $41.96M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $239.5K | 21.76M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 423890 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 5198305 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 223890 | 0.011 |
49 | 24308104 | 0.010 |
9 | 8171555 | 0.009 |
9 | 8411875 | 0.008 |
6 | 8649259 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 5198305 | 10 |
0.013 | 6447186 | 13 |
0.014 | 6189594 | 8 |
0.015 | 5406278 | 14 |
0.016 | 3847000 | 7 |
Last trade - 15.54pm 14/07/2025 (20 minute delay) ? |
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ADN (ASX) Chart |