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
0.5¢ |
Change
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Mkt cap ! $5.206M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $58.78K | 11.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 29697070 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1533333 | 2 |
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| Last trade - 14.06pm 09/07/2024 (20 minute delay) ? |
| PUA (ASX) Chart |