Hey Hottin, Thanks for your question.
We all know about dilution due to addition of share at various stages of projects.
The calculation didn't include dilution and was assumed roughly 50 percent of current CXO SP (~2 Billion)
Current LPM SOI = 112 Million
33 x 0.29 (Current SP) X 112 Million (Current issued share) = 1.071 Billion.
If you consider 50% dilution, still it is nearly ~16 Bagger.
CXO evolution over time:
CXO price was $0.04 at 2018 and today it is approx. 25X but the MC is nearly 2 Billion.
At Jan 2021, CXO MC was 221 M (pls see below screenshot from CXO 2021 announcement) and today CXO is 1.942 Billion. SP increased 4.72X but MC increased 8.78X (1.942 BIllion/221M). It is apparently 50% dilution.
Happy to be corrected. I like to learn. No hatred
Ann: Wide Pegmatite interval intercepted in first Phase 3 Diamond, page-26
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LPM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.015(15.8%) |
Mkt cap ! $14.61M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 11.8¢ | 9.9¢ | $68.50K | 639.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 58000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 30800 | 2 |
View Market Depth
| Last trade - 15.36pm 13/09/2024 (20 minute delay) ? |
| LPM (ASX) Chart |