Based on back of the envelope, at $15 it will value our share in SL at roughly 75% of current NVA MC of $270M (I.e. SL around $200m) for an exchange rate of 0.73.
This means only $70M of our MC for our gold prospects.. in my opinion, that's a pretty crazy Monday/Tuesday coming up.
Anything higher than $20 eclipses our current MC entirely based on our SL stake alone.
I'm keeping my expectations in check, I was happy with $7.50, but this is a good start to the journey regardless.
Ann: Nova Majority owned Snow Lake Resources Prices IPO, page-71
-
- There are more pages in this discussion • 479 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.8¢ |
Change
-0.003(1.14%) |
Mkt cap ! $46.77M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $26.12K | 121.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 65969 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 17198 | 1 |
View Market Depth
| Last trade - 14.18pm 18/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |