The optimum return on capital invested means that BEX could own 45% of AE, is how i read it.
Good news is that MOIC is at this time on the lean side with under 40m$US invested since day one. This includes the ice 2 drill.
Even if the recently raised funds are to purchase additional land etc the MOIC will still be very small against the expected value of the business, should all the stars align.
The details are in the TPET prospectus
- Forums
- ASX - By Stock
- 88e Long Term Investors Group - Q&A from Dave Wall
The optimum return on capital invested means that BEX could own...
-
- There are more pages in this discussion • 161 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
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
Add 88E (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $57.86M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $6.857K | 3.073M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
289 | 346631721 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 573714669 | 217 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
278 | 304393137 | 0.002 |
208 | 803343519 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 534069079 | 205 |
0.004 | 285826186 | 116 |
0.005 | 79424298 | 57 |
0.006 | 29302656 | 32 |
0.007 | 25247250 | 20 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
88E (ASX) Chart |