and 50c is 300m market cap whcih is not a big ask for the npv of this project. 20% free float on that is 60m tradeable (or is it 10% free float, i forget) - volume giving a small but reasonably liquid share price - 5m daily turnover ?
What would be more exciting to me is GBE announcing offtake , funding and etc etc. Looking to do 30% equity to a partner who could never secure this holding on market but wants offtake and equity . This would be a natural @ premium offer. Shenghe could be the subscriber and could low ball us, but i think FIRB and Governance would require a fair pricing mechanism against NPV of the asset
WA1 Headlines and transaction multiples + NPV of the asset = 300m valuation is not a big ask imo
Risk from here 100% down to 0, return from here - 10x to 20x - Seems like an awesome risk reward additiona for a well diversified portfolio
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Last
3.7¢ |
Change
-0.001(2.63%) |
Mkt cap ! $25.60M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.7¢ | $4.932K | 133.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8367 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 8367 | 0.037 |
1 | 28000 | 0.036 |
2 | 71427 | 0.035 |
1 | 80000 | 0.034 |
1 | 100000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 38092 | 2 |
0.043 | 112924 | 1 |
0.060 | 32117 | 2 |
0.180 | 60000 | 1 |
0.390 | 500000 | 1 |
Last trade - 11.47am 17/10/2024 (20 minute delay) ? |
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