Hi Chris
So to answer toddsen question conservatively, you are saying
Post tax $5 Billion x 0.2 = $1 Billion post tax NPV now.
Current Market Capitalisation today +- $114,310,023
$1 Billion divided by $114,310,023 = 8.7 times +- undervalued
Congratulations to all Ardea shareholders, this is just the beginning of good times IMO
RED
Ann: Ardea KNP Goongarrie Hub MOU with Japanese Consortium, page-31
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47.5¢ |
Change
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Mkt cap ! $94.84M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 46.0¢ | $75.18K | 159.2K |
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| No. | Vol. | Price($) |
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| 2 | 10212 | 46.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 6907 | 2 |
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