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
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $104.8M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 23.0¢ | $91.45K | 375.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9000 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 64059 | 3 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MRL (ASX) Chart |