yep, understood, but i do disagree about the "fair valuation". $16m less cash (current and off-take prepayment) means an EV of $8m for a project with a completed FS and approval, LOIs for finance and a NPV of say $70m to be conservative, but probably more like $100m given copper outlook.
alot of empty shells reach $10m before they even get backdoor listings based purely on their registers. in comparison, the main accumulators of this stock are the directors, their associates, and saudis. surely if we were talking a "flavour of the month" rumour then the T20 alone would warrant more than $8m EV.
but understood, value is not about metrics or register in this case and the market has collectively determined that range trading between 2.5 to 3c is all this is worth right now, because every time we reach LT resistance (3.3c) nobody is willing to step over the line.
- Forums
- ASX - By Stock
- AUQ
- Ann: First International JV Awarded Omani Copper Mining Licence
Ann: First International JV Awarded Omani Copper Mining Licence, page-39
-
- There are more pages in this discussion • 21 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 AUQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.9¢ |
Change
0.001(2.63%) |
Mkt cap ! $28.00M |
Open | High | Low | Value | Volume |
3.8¢ | 3.9¢ | 3.8¢ | $4.66K | 122.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 41735 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 84728 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 41735 | 0.036 |
1 | 220000 | 0.034 |
5 | 221421 | 0.033 |
1 | 62500 | 0.032 |
2 | 441310 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 84728 | 1 |
0.040 | 65719 | 1 |
0.044 | 149998 | 1 |
0.045 | 100000 | 1 |
0.056 | 850053 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
AUQ (ASX) Chart |