In valuations term or risk/reward ratio, May become more and more attractive day by day.. at current sh price of 4.5c and market cap of $151 million, take off cash of $50 million, give an Ev only at $100 million, that valuation is by no mean excessive in my opinion( considering the fact we have our shares of 108 million barrels of oil on the ground ) and I definitely don’t believe the share price will go down to 2 cents. At 2 cents x by 3400 million shares on issues, that will equal a market cap of $68 million, less cash $50 million, with a enterprise value of $18 million? ? What a joke
In valuations term or risk/reward ratio, May become more and...
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $5.492K | 240.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 871350 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 239343 | 3 |
View Market Depth
| Last trade - 12.40pm 21/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |