FEG is starting to look highly undervalued on the returns from Woyla alone.
An MC of $40 million is equivalent to a cheap option for a company that could easily support a $500 mio+ valuation once the resource is formally delineated.
I think the company needs to explain the possible paths to commercialisation, as a high degree of investor scepticism is contributing to the massive valuation gap.
FEG is starting to look highly undervalued on the returns from...
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.40M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 21.0¢ | $659 | 3.138K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 58317 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 72700 | 1 |
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| Last trade - 10.02am 21/10/2024 (20 minute delay) ? |
| FEG (ASX) Chart |