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2.33%

4.2¢ tesoro gold ltd

Accounting for dillution from performance rights but not the...

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bobasteve

111 Posts.

118

04/11/21

01:59

Post #: 57299592
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Originally posted by Caromb15: ↑

I have not included the latest SPP, but have included the previous placement.
Formulas used in my spreadsheet are:
EV = MktCap - (Cash + Investments (0) + Hedgebook (0) - Liabilities + Other Financial Assets).
MktCap= Price * (Shares + Options) - Option Revenue (0)

Tesoro has a lot of performance rights that are included as options.
So I get MktCap= $56m and EV= $45m.

Cheers

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Accounting for dillution from performance rights but not the resources is unfair.

You can't calculate EV/Ounce of current SP by including.future performance rights options as they have hurdles to meet (Resourcs defined) before they are issued.

TSO Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.2¢		Change -0.001(2.33%)		Mkt cap ! $52.87M

Open	High	Low	Value	Volume
4.2¢	4.2¢	4.2¢	$9.744K	232.0K

Buyers (Bids)

No.	Vol.	Price($)
1	450000	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	27996	1

View Market Depth

No.	Vol.	Price($)
1	450000	0.041
2	79524	0.040
3	52315	0.038
2	291287	0.037
3	549285	0.035

Price($)	Vol.	No.
0.042	27996	1
0.043	381721	2
0.044	767569	5
0.045	543822	2
0.046	45000	1

Last trade - 10.08am 07/05/2024 (20 minute delay)

TSO (ASX) Chart

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