imho when you look at the valuations of CTM's in-country peers like HZM and BRVO, theres no doubt in my mind that us small fry got screwed over with this half-price placement to the big boys
CTM doing a placement to the big boys only at a valuation of $300m means us small fry get diluted more than was needed
i cant believe that a world class, tier 1, class-1 nickel deposit with leading ESG credentials, during an EV revolution and in an environment where M&A is very active for sulphide deposits of scale, is only worth a few hundred million piddly aussie dollars
can someone more smarter than me please explain why CTM says this is only worth $300m?
mind you, remember that before they acquired Jaguar, they had a MC of $30m. after acquiring Jaguar, they have raised $110m up until this placement. so in effect, this $300m valuation should be discounted by $140m. on this maths, where is the value-add they have supposedly created over the 4 years since they acquired Jaguar? why only a measly $160m of value-add over 4 years?
- Forums
- ASX - By Stock
- CTM
- Ann: Successful Completion of $47M Share Placement
Ann: Successful Completion of $47M Share Placement, page-79
-
- There are more pages in this discussion • 12 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 CTM (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $247.4M |
Open | High | Low | Value | Volume |
49.5¢ | 51.0¢ | 49.0¢ | $485.6K | 974.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 22143 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | 0.490 |
4 | 13990 | 0.485 |
5 | 166696 | 0.480 |
2 | 51696 | 0.475 |
2 | 31627 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 22143 | 2 |
0.505 | 144408 | 2 |
0.510 | 510116 | 1 |
0.520 | 6487 | 2 |
0.525 | 10000 | 1 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
Last
50.0¢ |
  |
Change
0.010 ( 2.52 %) |
|||
Open | High | Low | Volume | ||
49.5¢ | 50.5¢ | 49.0¢ | 64593 | ||
Last updated 15.59pm 21/05/2024 ? |
Featured News
CTM (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online