Interesting read
Hard to work out a value for the land though, $8,000 in the Australian, I read $4,000 somewhere else and now $3,000 being called at CNBC (slowly getting closer lol).
At $3000 and acre gives a cash backing of $0.06 a share or there abouts.
Wonder how the underwriter will proceed, sell her off or develop it. I guess at a 18 month payback period its a tough call to develop with current cash position. Time will tell i guess
- Forums
- ASX - By Stock
- ABL
- can you smell it yet guys
can you smell it yet guys, page-69
-
- There are more pages in this discussion • 14 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 ABL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online