If my calcs are correct and we maintain at least $9 average between now and the ASX200 rebalance this month, we should enter somewhere between 180 and 190 with an average market cap over 6 months of about 2.1 billion. But this also depends on other companies competing with Chn at a similar market cap.
It may be touch and go but if we go above $9 average in the next two weeks we should be pretty safe.
Chn would be well aware of this so my guess is they will have a positive price sensitive announcement very soon to get it over the line. My guess is next Mon or Tues.
Realistic upper limit of Company Value?, page-62
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Last
$1.28 |
Change
-0.030(2.29%) |
Mkt cap ! $497.8M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.33 | $1.27 | $3.366M | 2.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5029 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 90306 | 5 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |