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50.5¢ centaurus metals limited

Ann: Successful Completion of $47M Share Placement, page-80

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ironoreman

1,350 Posts.

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03/08/23

17:06

Post #: 69142683
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Originally posted by TwoFreshPlums: ↑

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?

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How did you get screwed?! You had the opportunity to buy at the same price!

Value-add comes when the market believes this will get into production.

CTM Price at posting: 79.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 50.5¢		Change 0.005(1.00%)		Mkt cap ! $247.4M

Open	High	Low	Value	Volume
49.0¢	50.5¢	49.0¢	$157.7K	317.2K

Buyers (Bids)

No.	Vol.	Price($)
2	1059	50.0¢

Sellers (Offers)

Price($)	Vol.	No.
50.5¢	137721	2

View Market Depth

No.	Vol.	Price($)
2	1059	0.500
3	9450	0.495
2	19370	0.490
4	17730	0.485
3	124650	0.480

Price($)	Vol.	No.
0.505	140480	2
0.510	550116	2
0.515	1517	1
0.520	24270	2
0.525	10000	1

Last trade - 10.30am 22/05/2024 (20 minute delay)


Last 49.8¢			Change 0.005 ( 0.20 %)
Open	High		Low	Volume
49.0¢	50.5¢		49.0¢	13393
Last updated 10.47am 22/05/2024 ?

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