If using an asset valuation as a basis for market cap , maybe need to add some value for management and or the board for any one becoming a new major shareholder .
In previous incarcerations of Dalgaranga post 2000 ,the board and management probably was a liability , guessing around a $200M liability given the resource grade got down graded , ok probably only one or two geos did the MRE but it was the board then that did not check out its validity and built a mill that was destined to be a failed asset initially based on ore under call.
Conversely I begrudgingly suspect the board now could be valued around $ 100M as a non tangible asset in getting us where we are , even if the royalty issue still narles me the use of a conservative top cut exemplifies this .
As an analogue was the board of NST of no intangible value when the company had a cap of $30M and started getting runs on the board at Paulsens from a mine that the esteemed Intrepid geos considered non core and then ?
The subsequent journey of Intrepid (and previous Paulsen's owner St Barbara ) shows the effect of inadequate cranial intellectual property on a company's forward capitalised value .
- Forums
- ASX - By Stock
- SPR
- Ann: High-Grade Pepper discovery extended
Ann: High-Grade Pepper discovery extended, page-80
-
- There are more pages in this discussion • 7 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 SPR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.40 |
Change
-0.020(1.41%) |
Mkt cap ! $1.566B |
Open | High | Low | Value | Volume |
$1.42 | $1.42 | $1.40 | $1.015M | 716.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 12648 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.40 | 48875 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 30929 | 1.400 |
10 | 78390 | 1.395 |
14 | 170996 | 1.390 |
10 | 113606 | 1.385 |
10 | 46987 | 1.380 |
Price($) | Vol. | No. |
---|---|---|
1.405 | 64344 | 19 |
1.410 | 44543 | 16 |
1.415 | 83464 | 13 |
1.420 | 208840 | 14 |
1.425 | 511878 | 9 |
Last trade - 10.43am 27/09/2024 (20 minute delay) ? |
Featured News
SPR (ASX) Chart |