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
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $100.3M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 26.0¢ | $200.0K | 761.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 290000 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 96999 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MRL (ASX) Chart |