Forward P/E ratio of between 3 and 4 if you consider the interest on the loan and the chunk of free cash flow that Gemcorp is entitled to.
For a graphite mine.
In Tanzania.
There are coal mines in Aus making money hand over fist at those valuations.
Unfortunately, there will be no real share price appreciation until Walkabout starts talking about how they will grow the business.
why sell now?, page-5
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11.0¢ |
Change
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Mkt cap ! $73.83M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 11.0¢ | $11.01K | 100.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 527550 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 262627 | 8 |
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| WKT (ASX) Chart |