Am I assessing this correctly...? The amount of dilution from any CR is going to largely depend on the amount of the arbitration payout. If the award is high, then the resulting rise in the share price should allow any CR to be done at a much higher price, if it is needed at all. If the payout is close to the amount claimed, say A$40m, then given the current AAU market capitalisation of about $20m, the share price could triple to about 6c very quickly.
If the award is less than about A$5m, then there will likely be some more dilution before the new mine is up and runnng as that amount of money will be needed just to 'keep the lights on' until then. Something in between A$5m and A$45m should see the share price rise at rate that varies depending on how much (and when) the payout actually is.
For me, AAU's credibility is on the line with this award. Claiming A$45 million and recieving less than A$20m or so, implies to me that they are, at best, incredibly optimistic. Less than A$10m and it will look like they have been deluding themselves all along.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Am I assessing this correctly...? The amount of dilution from...
-
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AAU (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $2.99M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $5.734K | 1.491M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
50 | 67252335 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 12024801 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
41 | 43855592 | 0.003 |
13 | 12864980 | 0.002 |
8 | 23859950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 12024801 | 14 |
0.005 | 9115176 | 8 |
0.006 | 2018106 | 4 |
0.007 | 1312436 | 3 |
0.008 | 1277307 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
AAU (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online