hi hotchoc - $1.24 is support below, this low volume down move in the larger upmove is unlikely to break it so wait for the bounce and buy about here - my2c. Even St players would be happy with the 1.27 - 1.50 spread I would think which seems a no-brainer for another test now.
Longer term? its a valuation exercise. For variety- heres another angle based on what the market has thought of us. The market says our one plant in Geelong at 60,000T where we earn 60% of the profits at this stage of development is worth a 130 million MC min (contracts signed,plant all but finished,pre-full production).
so the market thinks 36000T of exposure is worth $1 prior to quarterlies showing it on the bottom line. ( as its contract based work with fixed margins and tonnage)
The new plant in USA is going to be over 200,000T and cost $20mill where we keep 95% of the profit - . So the market is likely to value that plant at 4x the Geelong plant - $130x4 = 520mill MC once we have the same contracts sorted.
But we have to find $20mill to build it right? Even if we diluted for the whole 20mill and raise it at $1 then go convert Geelong plant into a backgammon hall with our existing 10mill then thats only another 20mill shares. 520mill MC with 150mill shares = $3.46 SP - sounds crazy but we just don't have that many shares on the register so we have to re-rerate as our company will be over 3 times the size.
Of course I doubt it will be as bad as that of course :-)
- Forums
- ASX - By Stock
- VYS
- mhm america figures
mhm america figures, page-91
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VYS (ASX) to my watchlist
|
|||||
Last
47.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $200.4M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3125 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 9500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3125 | 0.500 |
2 | 37408 | 0.490 |
3 | 4205 | 0.475 |
1 | 6400 | 0.470 |
1 | 10000 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 2899 | 1 |
0.480 | 62384 | 2 |
0.485 | 92970 | 1 |
0.500 | 18000 | 1 |
0.505 | 30000 | 1 |
Last trade - 16.12pm 12/09/2024 (20 minute delay) ? |
Featured News
VYS (ASX) Chart |
Day chart unavailable