Of course Abn Amros have considered share placements when giving price targets. We now have 71 million quoted shares and at $2.50 a piece would capitalise the stock at around 177 million, which in my judgement would still be very very cheap given the huge potential of GDY's resource.
In fact I think we'll see 350 - 400 million market cap probably within 24 months if the project maintains its present course.
i.e depending on further equity raisings would mean a stock price of between $4 and $6. Patience is the key.
skippa
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $1.146M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.1¢ | $13.03K | 8.521M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
60 | 73221269 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 5500000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
60 | 73221269 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 5500000 | 3 |
0.003 | 8581983 | 15 |
0.004 | 1255391 | 5 |
0.005 | 1200000 | 2 |
0.006 | 3269000 | 2 |
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