AW1 3.70% 13.0¢ american west metals limited

An interesting analysis.(Note: This does not take into account...

  1. 75 Posts.
    lightbulb Created with Sketch. 29
    An interesting analysis.

    (Note: This does not take into account options)

    Current Issued Shares 436,859,655 @ $0.115 = $50,238,860.33 Market Cap
    With addition of new shares 436,859,655 + 76,268,355 @ $0.115 = $59,009,721.15 New Market Cap

    Current Cash holdings of $4,061,000
    New Cash Holdings will be $14,061.00

    Hence
    Current MC:Cash Ratio = $50,238,860.33/$4,061,000 = 12.37105647
    Current MC:Cash Ratio = $59,009,721.15/$14,061,000 = 4.196694485

    Basically we were trading at a multiple of 12.4 x Cash on hand and now we will only be trading at a multiple of 4.2 x Cash on Hand.

    Hence is a much stringer position and shows that $0.115 represents great buying IMO.
    Last edited by Danniel: 21/02/24
 
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Last
13.0¢
Change
-0.005(3.70%)
Mkt cap ! $67.29M
Open High Low Value Volume
13.0¢ 13.3¢ 12.5¢ $65.96K 508.5K

Buyers (Bids)

No. Vol. Price($)
16 416045 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 197448 2
View Market Depth
Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
12.8¢
  Change
-0.005 ( 1.92 %)
Open High Low Volume
13.0¢ 13.0¢ 12.8¢ 133500
Last updated 10.38am 17/06/2024 ?
AW1 (ASX) Chart
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