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
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $3.630M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $7.712K | 1.542M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 39566 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 4849441 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 39566 | 0.005 |
26 | 17147433 | 0.004 |
16 | 5726691 | 0.003 |
11 | 5316586 | 0.002 |
3 | 3300004 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 4849441 | 9 |
0.007 | 2540520 | 4 |
0.008 | 1244395 | 4 |
0.009 | 1709176 | 2 |
0.010 | 6159432 | 3 |
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