”market cap” is determined by supply and demand of shares. The intrinsic value of a resource doesn’t have anything to do with market cap because listed companies are always over or undervalued.
It’s not because a company with 2 TCF of resources goes up to 600 mill it means that 2 TCF is worth 600 mil.
And you obviously don’t know how much we’ll expand on our Grandis resource. Our .4 TCF will 3x/4x once we hit total depth.
Ann: Daydream-2 Well Spudded, page-29
Add EXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $124.7M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $72.09K | 641.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1145244 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 484743 | 7 |
View Market Depth
| Last trade - 14.02pm 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
11.5¢ |
Change
0.005 ( 4.55 %) |
||||
| Open | High | Low | Volume | ||
| 11.3¢ | 11.5¢ | 11.0¢ | 275164 | ||
| Last updated 13.53pm 15/05/2024 ? | |||||
| EXR (ASX) Chart |