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50.0¢ centaurus metals limited

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

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ironoreman

1,350 Posts.

105

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 50.0¢		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 ?

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