Morgans has come out with a 'Speculative Buy' and a target price of 25.1c in the next 12 months.
Previously I posted my analysis on the DEL forecasts (current DCF of 31c, growth until FY25 baked into price, but none of the FY25+ growth nor optionality in terms of municipal services etc). One thing that has changed then is the higher energy prices, notably the higher gas prices - this makes DEL and its sustainable energy offerings like the DESAO green gas even more attractive. Looking forward to the next update from management.
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- Ann: DEVO Project - Final Investment Decision
Ann: DEVO Project - Final Investment Decision, page-95
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Last
6.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.15M |
Open | High | Low | Value | Volume |
6.3¢ | 6.3¢ | 6.0¢ | $10.59K | 170.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 116665 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 116665 | 0.060 |
1 | 17042 | 0.058 |
1 | 87500 | 0.057 |
3 | 168600 | 0.051 |
2 | 600000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 5000 | 1 |
0.064 | 160000 | 1 |
0.065 | 124374 | 1 |
0.066 | 173368 | 1 |
0.069 | 150026 | 1 |
Last trade - 14.31pm 15/08/2024 (20 minute delay) ? |
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DEL (ASX) Chart |
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
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