A friend just emailed me privately asking where I got my $2 valuation from implying its way too high!
I suggested he check out the ADX website and navigate to the "investor centre" and read the report dated 22/01/24 less than 2 months old.
Their valuation for Welchau alone ignoring the rest of the entire company is $1.548.
Two bucks sounds good to me.
Ann: Welchau-1 Well Discovers Condensate Rich Gas, page-38
Add ADX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $62.56M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $66.49K | 601.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 325462 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 517524 | 4 |
View Market Depth
| Last trade - 16.10pm 25/09/2024 (20 minute delay) ? |
| ADX (ASX) Chart |