Just for the record - if you assume a 6 x dilution rate basis .025c then the relisted price will be .004c not .04c
I would imagine that there is potential to have a "reasonable" market cap given the rise in LME base metal prices (although CSD will only produce concentrates). The major new shareholder is being issued shares at .012165c and would probably like to see some price appreciation from this level. Maybe initial market cap of $60-80m but purely a guess
- Forums
- ASX - By Stock
- Ann: Appendix 4E and 2016 Full Year Statutory Accounts
Just for the record - if you assume a 6 x dilution rate basis...
-
- There are more pages in this discussion • 13 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
Add CSD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online