Been watching these guys for a while now , deciding on whether to invest or not. I read a post a while back that stated something along the lines that if all of thier currently known assets could be converted at around 3% valuation of in ground value , that would equte to around $2.50 per share. I then watched the youtube of the AGM, where Chris said that they would need to dilute with a senior partner to get the other assets into production , and then said he would rather have 40% of something than 100% of nothing. Therefore in simple terms that equates to around $1.00 a share ATM.
Of course there are many upsides and downsides to come, and a lot of risk, so is 58 cps a good price? Another thing he mentioned re the sulphide roaster was that it needs a LOT of water. That comment needs serious consideration given that water in any quantity (let alone quality) is a major issue in that area. I would also like to know that if the sulphide roaster can also produce electricity, what fuel source is the roaster going to use - are they going to ship coal up the railway from somewhere?
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Been watching these guys for a while now , deciding on whether...
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.85M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.5¢ | $5.311K | 26.85K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13662 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 59048 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13662 | 0.195 |
3 | 23689 | 0.190 |
1 | 25000 | 0.180 |
1 | 100000 | 0.175 |
2 | 105882 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 59048 | 2 |
0.205 | 143 | 1 |
0.215 | 50000 | 1 |
0.220 | 99368 | 2 |
0.235 | 54000 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
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