Well the precedent has been set.
AUD746m valuation for the 94.5% of Tetra4 still held by Renergen.
So if iRenergen were to be bought out today that would be the price multiples of the current marketcap of about AUD140m.
However Stef appears to be in for the longhaul through to projected Phase 2 ebitda of AUD500m per year approximately which then would put the marketcap into the billions with dividends all going well.. With potential for a Phase 3 etc.. beyond Phase 2
Ann: Subscription of shares in Tetra4, page-50
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Last
72.0¢ |
Change
-0.005(0.69%) |
Mkt cap ! $21.83M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 72.0¢ | 71.0¢ | $1.204K | 1.694K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1574 | 63.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 61 | 1 |
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| Last trade - 15.54pm 31/07/2024 (20 minute delay) ? |
| RLT (ASX) Chart |