re: Ann: Significant Coal Intercept at Nuurst... company is not so oversold
it has 206,229,835 shares & options on issue
the market cap @ 50 cents less $37m in cash & options is $56m
their thermal coal is not particularly compelling, due to the low quality
so if XAM only had the coking coal, 40% ownership makes the equivalent of a $140m market cap if XAM owned 100%
as/if the price moves up, the market cap blows out for the 40% equivalent
eg. share price reaches $1, the market cap becomes $400m for the equivalent of 100% ownership
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8.0¢ |
Change
0.001(1.27%) |
Mkt cap ! $183.2M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 8.0¢ | $813 | 10.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 45325984 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 7512998 | 27 |
View Market Depth
| Last trade - 14.59pm 25/07/2025 (20 minute delay) ? |
| XAM (ASX) Chart |