re: Ann: Significant Coal Intercept at Nuurst... company is not so oversold
it has 206,229,835 shares & options on issue
the market cap @ 50 cents less $37m in cash & options is $56m
their thermal coal is not particularly compelling, due to the low quality
so if XAM only had the coking coal, 40% ownership makes the equivalent of a $140m market cap if XAM owned 100%
as/if the price moves up, the market cap blows out for the 40% equivalent
eg. share price reaches $1, the market cap becomes $400m for the equivalent of 100% ownership
Ann: Significant Coal Intercept at Nuurstei Cokin, page-6
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $94.38M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.7¢ | 5.5¢ | $63.83K | 1.128M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2710701 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 100000 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| XAM (ASX) Chart |