Misleading? The MC is currently $9M because they haven't raised the $30M. When they do the MC will be $50M. Is that somehow complicated or misleading?
Since we're dealing in hypotheticals, if they raise the $30M that also means we are mere months away from production of 1000tpa of 4N and 5N HPA. What's an appropriate MC for a company generating say USD $25m pa EBITDA? At 8xPE it's AUD$270M not including upside of additional 1000tpa modules at $12M CAPEX each funded through profits.
It's all subject to financing of course but your comment about the MC being misleading is laughable.
Misleading? The MC is currently $9M because they haven't raised...
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $2.969M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $8.188K | 4.075M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 29049421 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 32776894 | 14 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| PUA (ASX) Chart |