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
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.98M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $46.30K | 7.718M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 214015 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 18052913 | 10 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PUA (ASX) Chart |