$116m enterprise value
$154m net assets
They generated $8m in cash (after capital investment) last quarter. So currently priced around 4x annualized cash flow (on a growing company)
-no debt
-$30mil cash
-Director recently buying $300,000 on market
-Increasing production significantly
-Increasing resources significantly
I don't want to jinx it but this is looking like a great gem, that's before factoring the potential copper price upside. Maybe ASX copper investors have been traumatised by some recent failures from other companies?
I told myself I wouldn't buy more but damn...
$116m enterprise value$154m net assetsThey generated $8m in cash...
Add A1M (ASX) to my watchlist
 (20min delay)
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Last
53.0¢ |
Change
-0.015(2.75%) |
Mkt cap ! $246.2M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 54.5¢ | 53.0¢ | $384.8K | 719.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 295650 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 40151 | 7 |
View Market Depth
| Last trade - 12.04pm 30/05/2024 (20 minute delay) ? |
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Last
53.0¢ |
Change
-0.015 ( 3.64 %) |
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| Open | High | Low | Volume | ||
| 53.5¢ | 54.0¢ | 53.0¢ | 167894 | ||
| Last updated 12.19pm 30/05/2024 ? | |||||
| A1M (ASX) Chart |