My conservative estimate is 1c. Based purely on current price movement and ANN dated 26/06/2018 - Completion of Rose of Denmark Gold Min Acquisition.
30mil options exercise price of 1.5c, by Nov 2019 - thus, if management value options at 1.5c, one can "estimate" the SP in Nov 2019 will/should be around 2-3c.
I can be completely wrong and any kind of news can dramatically change the SP.
From what i have learned - trying to accurately determine future SP is impossible, so I go with what Management tend to value their option price. Having said that, ASN options were valued at 2c - while SP was at 20c.
- Forums
- ASX - By Stock
- Ann: Visable gold and commencement of mining at Rose of Denmark
My conservative estimate is 1c. Based purely on current price...
-
- There are more pages in this discussion • 6 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 AUL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
SPONSORED BY The Market Online