To augment that analysis: A quick view (still needs work - news is only a few minutes old..) - at $10 NTA (after DTL) could be $1.122 +/- other market changes - given Deepgreen was oversubscribed for cash at $10, then at US$15 - I reckon $1.197 is closer.
My guess is if people think Deepgreen is $10 - stock may trade $1.03-$1.07 - if people think $15 - stock may trade $1.10 - $1.13
Happy for review or comments - Summary - some small downside ($0.02-$0.04?) with Deepgreen at $5-$10 - general very cheap call option over Deepgreen stock upside from US$10....
As always - DYOR
DeepGreen Update 5/3/21 1 Very large DTA Balance 31/12/20 $38m 2 Portfolio 5/3/21 1.06 Gross 3 Shares on issue 298,815,138 4 Gross Assets 26/02/21 316,744,046 5 NTA After DTA $38m 31/12/20) 278,744,046 6 Deepgreen holding at $1.38 (2.8%) 8,868,833 7 Deepgreen Holding at $10 64,266,908 8 Gross Assets 343,010,954 9 Amend DTA to Pretax DTL 26,266,908 10 Tax Effect 7,880,072 11 NTA GeepGreen at $10 335,130,882 12 NTA GeepGreen at $10 1.122 NTA per share 13 NTA GeepGreen at $15 357,624,300 14 NTA GeepGreen at $15 1.197 NTA per share 15 NTA GeepGreen at $5 316,744,046 16 NTA GeepGreen at $5 1.060
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.6M |
Open | High | Low | Value | Volume |
73.0¢ | 73.0¢ | 72.0¢ | $72.67K | 100.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 22000 | 72.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
73.0¢ | 1360 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 22000 | 0.720 |
2 | 11500 | 0.715 |
5 | 51801 | 0.710 |
5 | 51577 | 0.705 |
6 | 159171 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.730 | 1360 | 1 |
0.735 | 52000 | 3 |
0.740 | 144965 | 3 |
0.745 | 45810 | 2 |
0.750 | 46485 | 4 |
Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
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