SPR 7.14% $1.05 spartan resources limited

Ann: Quarterly Activities Report, page-16

  1. 3,877 Posts.
    lightbulb Created with Sketch. 2555
    Completely dis-interested response from the market.
    https://hotcopper.com.au/data/attachments/4244/4244014-b5fc79d80fcde7eda5f6cb88a784827d.jpg
    We are sitting at an Enterprise value of $86,509,374

    DCN has been having even worse operational issues than GCY and is a similar sized operation.
    https://hotcopper.com.au/data/attachments/4244/4244038-856323248a3711f1d429bd1bce7e5f25.jpg
    DCN has $14,200,000 net cash so are sitting at an Enterprise value of $273,345,422

    That price difference is insane!!!
 
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