This is a bizarre one
Making 200-400k per annum with expansion opportunities and 2 million in the bank.
There is shells out there with 500k left and a shitty tenement worth 5 million. This company should be worth 6-10 million based on PE alone.
If expansion executed there is numerous options out there. Only problem is there is no blue sky of revenues, this could max out at 1-2 million profit per year. Still doesnt mean it should be worth 10 million MC in the short term
Ann: Appendix 4C - quarterly, page-59
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MSG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $792K | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 793000 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 904304 | 3 |
View Market Depth
| Last trade - 16.12pm 19/06/2024 (20 minute delay) ? |
| MSG (ASX) Chart |
Day chart unavailable