ODY is effecively a holding shell of MAE shares after their projects were bought out by MAE for scrip .
Approximately 2 ODY shares buys you exposure to one MAE share (.474 MAE per ODY share).
50000 ODY @ 43 cents = $21,500 and represents exposure to 23700 MAE shares .
Of course you can also buy 23700 MAE shares but that will cost you $30336, or 41% MORE than buying ODY for the same investment portfolio and project exposure ($8836 more expensive to buy MAE than buying ODY)
Of course true parity may never be reached with MAE but currently the valuation anomoly is 41% cheaper at ODY .
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Last
1.9¢ |
Change
0.002(11.8%) |
Mkt cap ! $17.07M |
Open | High | Low | Value | Volume |
1.7¢ | 1.9¢ | 1.7¢ | $8.456K | 478.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1242701 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 50999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.016 |
1 | 400000 | 0.015 |
1 | 71428 | 0.014 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 50999 | 1 |
0.020 | 126896 | 2 |
0.021 | 565633 | 3 |
0.022 | 313208 | 4 |
0.027 | 100000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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