At a $1.4b marketcap for WA1 and $500m ebitda projections long-term I guess with a conservative x10 multiple that would be a $5b marketcap assuming it gets to that ebitda in a few years time. How long 5 years?
So upside about x3 or x4 in marketcap ($1.4b to $5b) and less for shareprice upside potential if you consider a bit of dilution to raise capex for a plant but maybe if WA1 has a great deposit a chunk can be raised of the capex via loan(s) and offtakes underpinning the loans..
Anyway amazing run by WA1 15c to $23 about x150 but from here you can't compare to the likes of SUM from a low marketcap for potential upside if drilling proves up a decent discovery. The risk adverse won't even enter SUM unless it can prove up.a discovery and then big money would come as happened on WA1 for instance..
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $16.11M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 18.0¢ | $24.25K | 130.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 86933 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 26113 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 86933 | 0.180 |
6 | 78631 | 0.175 |
7 | 68899 | 0.170 |
6 | 112232 | 0.165 |
2 | 178600 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 26113 | 2 |
0.190 | 21764 | 4 |
0.195 | 5649 | 2 |
0.200 | 15648 | 2 |
0.210 | 34700 | 2 |
Last trade - 12.22pm 14/10/2024 (20 minute delay) ? |
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