WAF west african resources limited

What am I missing here? Is the sovereign risk the key?$241...

  1. 3,614 Posts.
    lightbulb Created with Sketch. 631
    What am I missing here? Is the sovereign risk the key?

    $241 profit + $86 (depreciation from Annual report) = $327 EBITDA give or take.

    This is therefore trading at an EV of 2.8x EBITDA??

    I know there is some funding facilities but assume this will fund assets anyway, not working capital.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$2.35
Change
-0.040(1.67%)
Mkt cap ! $2.678B
Open High Low Value Volume
$2.38 $2.39 $2.32 $10.81M 4.598M

Buyers (Bids)

No. Vol. Price($)
1 1417 $2.34
 

Sellers (Offers)

Price($) Vol. No.
$2.37 84 2
View Market Depth
Last trade - 16.13pm 31/07/2025 (20 minute delay) ?
WAF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.