I look at it like this, 413,195,040 fully paid ordinary shares on offer, gives a current market cap of 8.7m. I think that to have all options exercised we need to see a share price of 3c or there about. If all are exercised at 3c we will have a market cap of 17.55m. At this point I would hope that we are CF+ positive with mobilize up and running and possibly even another platform.
So now we have 3m+ in the bank, making profit, and have the opportunity to expand or acquire into a new market. At 17.5m MC plus cash and no debt I think it's still a good buy.
All IMO dyor.
- Forums
- ASX - By Stock
- Ann: Completion of placement and secondary trading notice
I look at it like this, 413,195,040 fully paid ordinary shares...
-
-
- There are more pages in this discussion • 33 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 CL8 (ASX) to my watchlist
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.488M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8826 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 101771 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8826 | 0.013 |
1 | 84000 | 0.012 |
2 | 922816 | 0.011 |
6 | 950000 | 0.010 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 101771 | 1 |
0.018 | 850000 | 3 |
0.019 | 503399 | 1 |
0.020 | 1980000 | 4 |
0.028 | 400000 | 1 |
Last trade - 16.12pm 17/07/2024 (20 minute delay) ? |
Featured News
CL8 (ASX) Chart |
Day chart unavailable