Read the recent Morgans coverage which according to Pure asset management was the cause of the mini rerate
There valuation is based on reserves and resources - not DCF. Interestingly their unrisked valuation is 36c but this is with using a ridiculously low 50c per gj f gas even though they believe GSAs will be at 13 dollars and estimate this to be the gas sales price they achieve. That i s as silly at valuing on oil companies 2 p oil reserves at $3.50
WGO was taken over at 1.40 from memory but even we assume 1.10 we get a valuation in the 50c
Reading this and Petras old reports gives me further confidence the stock on current short and LT GSA prices and recent STO well outcomes is a 50c plus stoc. if there is a corporate transaction that is a corner stone investor i would expect the deal to be struck at a premium
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $182.7M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.5¢ | $9.404K | 56.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 549970 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 149875 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 549970 | 0.165 |
4 | 223000 | 0.160 |
1 | 125000 | 0.155 |
2 | 152301 | 0.150 |
1 | 1700 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 50000 | 1 |
0.175 | 103110 | 3 |
0.180 | 634447 | 4 |
0.185 | 400025 | 6 |
0.190 | 2329545 | 3 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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