I am not sure if we need to time the life of mining in the sp estimation. I used to multiply the PE ratio of 5 or 6 conservatively for the estimation instead. Also maybe need to count EMITDA (instead of gross sales too?
So I borrowed your calculation herein if you are okay. $24k x 30,000 x30% EMITDA x PE of 5-6 / 1.3b SOI = 83c to 1. My cal could be wrong as I am not expert in finance.
And personally, I think the stock market is more emotional. when the macro turns and participants are positive, it can go beyond 1 easily. At current stage, I would be more than happy to see our sp back to 30c range in near term.
This is not financial advice. DYOR and GLTAH.
I am not sure if we need to time the life of mining in the sp...
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $167.7M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.0¢ | $70.53K | 561.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 67091 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 852376 | 11 |
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| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.000 ( 1.21 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.3¢ | 334914 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| ASN (ASX) Chart |