I would argue it’s less than this. If LEL would say they are returning all the funds to shareholders then you are probably right - 63c however if they keep the money and blow it on a poor project then it’s worth less. If they do return some funds - it will be a mixture of capital return and untrained dividend. Untrained dividend will have significant tax implications. There are plenty of small caps that have a share price similar to their net cash or even lower. Unless there is a worthwhile project to spend money on them the money just gradually erodes away.
GLTAHs
- Forums
- ASX - By Stock
- Ann: Sale of Solaroz Lithium Project for A$97 Million
I would argue it’s less than this. If LEL would say they are...
-
- There are more pages in this discussion • 207 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 LEL (ASX) to my watchlist
|
|||||
Last
32.8¢ |
Change
-0.018(5.07%) |
Mkt cap ! $36.68M |
Open | High | Low | Value | Volume |
35.5¢ | 35.5¢ | 32.0¢ | $47.47K | 141.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 12517 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.320 |
1 | 10000 | 0.310 |
1 | 10000 | 0.300 |
1 | 32280 | 0.280 |
1 | 20000 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 12517 | 1 |
0.360 | 14300 | 2 |
0.370 | 29500 | 2 |
0.375 | 41902 | 2 |
0.380 | 1724 | 1 |
Last trade - 15.54pm 30/08/2024 (20 minute delay) ? |
Featured News
LEL (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online