ADY back to 24c.... as drills hit the ground but before assays.... our 43% stake is circa 13million.
Means the market is valuing the 3 other fully permitted projects at 30million ? insane.
If the in specie distro was to occur today for MRL holders would get 6.6c a share, or for a 100k holding in MRL = 6.6k in your back pocket worth of ADY.
i'm too early and the waiting is boring but i can't fault the math, despite the low volume trading.
Ann: Release from Voluntary Escrow, page-8
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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $71.42M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $16.45K | 86.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 32900 | 1 |
View Market Depth
| Last trade - 14.29pm 19/06/2024 (20 minute delay) ? |
| MRL (ASX) Chart |