prr vs dndn perspective

PRR (AUD)
Current SP $0.23
Shares ~765,000,000
Market Cap $175,950,000
PRR MC as a percentage of DNDN MC - a measly 3%

DNDN (USD)
Current SP $35.71
Shares 144,257,703
Market Cap $5,150,000,000
DNDN 29.25 times > than PRR


Scenario 1
PRR @ 1.00 per share
MC 765,000,000
PRR @ $1.00 - MC as a percentage of DNDN MC 15% and still 6.75 times > than PRR

To have a similar MC to DNDN PRR would be at around $6.73.

This all assumes parity between the AUD and USD and analysis suggest DNDN at full capacity will see the SP over $60.

Of course it could all turn pear shaped !!

LC