@Capitalism7, 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. !
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.6M |
Open | High | Low | Value | Volume |
72.0¢ | 72.0¢ | 71.0¢ | $88.90K | 124.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17034 | 71.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
72.0¢ | 28095 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 17034 | 0.710 |
10 | 194429 | 0.705 |
10 | 173062 | 0.700 |
1 | 10000 | 0.695 |
6 | 24326 | 0.690 |
Price($) | Vol. | No. |
---|---|---|
0.720 | 28095 | 2 |
0.725 | 53000 | 2 |
0.730 | 86338 | 5 |
0.735 | 48581 | 3 |
0.740 | 194965 | 4 |
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