I think Mt Carrington could be undervalued .On todays close and what I have read I come up with the following.
Shares on Issue 108M
Last sale $1.63
Market capitalisation $176M
Cash In Bank $48M or $0.445 cps
Summary
Cash in bank $0.445 cps ($48M /108M shares)
Hillside Conservative $0.925 cps ($100M/108M shares)
Balance equals Mt Carrington $0.260 cps ($28M/108M shares)
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$1.630 cps
The $100m on Hillside is a touted value of that project and the $48M in bank is ok and therefore I think the Mt Carrinton project is a little undervalued at $28M.
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Last
44.0¢ |
Change
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Mkt cap ! $342.8M |
Open | High | Low | Value | Volume |
44.5¢ | 44.5¢ | 44.0¢ | $949.4K | 2.143M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 7387928 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 1578944 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 7387928 | 0.440 |
14 | 1164814 | 0.435 |
8 | 179072 | 0.430 |
5 | 339294 | 0.425 |
3 | 235714 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 1575503 | 28 |
0.450 | 2617108 | 45 |
0.455 | 760672 | 9 |
0.460 | 393995 | 12 |
0.465 | 1446372 | 9 |
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