Deep Green is approx 2.8% of the portfolio, in the books at $US1.38 or $A1.88 Oz.
I haven’t bothered to do the calculations (because an investment shouldn’t rely on a “one off” wonder hit.
But extrapolating if the deep green SP comes in at (say) 5 times cost (roughly $US6.90), let’s take a pessimistic view considering the price discussed was something like $US10.00.
Now the capitalisation of CDM is 351 mill and 2.8% of that is $9,548000.00. At the assumed cost price of $A1.88, this gives CDM roughly 5,078,000 Deep Green Shares. Assuming Deep Green comes in at not less than $US6.90 US which is $A9.41, then you would expect to see CDM increase by 5 x the difference between A$ 9.41 and $1.88 or roughly $7.50 Aust. Multiply 5,078,000 by $A7.50 and you have some idea of the gain. Note that this also includes the initial cost of $US1.38. A bit over $A38 mill.
I make that about an 11% increase to NTA given a cap of 341mill with the current SP about NTA. Add 38 mill to the 341 mill shares and divide by the current # of shares approx 341mill = roughly 11.4% assuming we only get $US6.90 US.
Very Very rough calculation, and I stand to be corrected by those far more mathematically talented than I, but I would think that your 25% increase to NTA would be at the top end of the optimism scale. One can only hope though !!!!! Fingers crossed X. !
- Forums
- ASX - By Stock
- Ann: Daily share buy-back notice - Appendix 3E
Deep Green is approx 2.8% of the portfolio, in the books at...
-
- There are more pages in this discussion • 5 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 CDM (ASX) to my watchlist
|
|||||
Last
72.5¢ |
Change
0.005(0.69%) |
Mkt cap ! $216.0M |
Open | High | Low | Value | Volume |
72.5¢ | 72.5¢ | 71.5¢ | $150.0K | 208.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 28250 | 72.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
72.5¢ | 15550 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 28250 | 0.720 |
5 | 33371 | 0.715 |
3 | 120173 | 0.710 |
5 | 115834 | 0.705 |
16 | 182662 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.725 | 15550 | 2 |
0.730 | 40000 | 2 |
0.735 | 111049 | 4 |
0.740 | 96565 | 3 |
0.745 | 56080 | 3 |
Last trade - 15.53pm 23/08/2024 (20 minute delay) ? |
CDM (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online