premature to use PE until several quarters steady state achieved, I don’t see any tax or consideration of accumulated losses to offset. Big assumption that free cash will be used to pay down debt, likely better to refinance and use cashflow for exploration or stage 2. I wouldn’t be against a further cap raise to pay down some debt if SP gets back toward fair value. Also your PE’s need to be on annualised earnings so appear out by a factor of four. Your costs seem much higher than last quarters guidance too.
- Forums
- ASX - By Stock
- Ann: Shipping and Operations Update
premature to use PE until several quarters steady state...
-
- There are more pages in this discussion • 76 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 1MC (ASX) to my watchlist
|
|||||
Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.403M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.4¢ | $1.036K | 30.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 100269 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 288628 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 100269 | 0.034 |
2 | 260443 | 0.033 |
2 | 22091 | 0.032 |
4 | 106920 | 0.031 |
3 | 50666 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 288628 | 3 |
0.036 | 58371 | 1 |
0.037 | 65000 | 1 |
0.038 | 75000 | 1 |
0.039 | 70000 | 1 |
Last trade - 12.23pm 22/08/2024 (20 minute delay) ? |
Featured News
1MC (ASX) Chart |