That’s a daft comment IMHO, the ‘market’ didn’t like Afterpay a couple of months ago when it fell to $8.50. How right was the market then?
The PFS is telling us this is a strong buy, you only need the back of an envelope to work that out. The discount rate used is a very conservative 8% and at a NPV of US$1B gives you US$5 per share project value.
If the market can’t get the share price right, a predator will emerge very quickly.
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Ann: Adriatic Metals Exceptional Pre Feasibility Study Vares, page-31
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Last
$3.61 |
Change
-0.170(4.50%) |
Mkt cap ! $996.2M |
Open | High | Low | Value | Volume |
$3.70 | $3.73 | $3.45 | $3.568M | 987.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 6437 | $3.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.62 | 1394 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4553 | 3.610 |
15 | 5422 | 3.600 |
11 | 7079 | 3.590 |
10 | 9147 | 3.580 |
9 | 4792 | 3.570 |
Price($) | Vol. | No. |
---|---|---|
3.620 | 5927 | 11 |
3.630 | 12790 | 8 |
3.640 | 15195 | 9 |
3.650 | 4291 | 8 |
3.660 | 61038 | 9 |
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