Actually, it is not just limited to companies that are paying a dividend or could pay a dividend. There are a variety of valuation methods available. I chose the Price to Book because AW1 doesn't generate revenue so can't use PE Ratio or PS Ratio or Discounted Cash Flow. I note, with interest, that there are many companies currently trading at a Price to Book ratio of only 3 or so. So 22 is high - most likely because the potential value in the ground is enormous - I am comfortable with it, and I am a keen holder. However if I see a quick spike I am selling. Learned my lesson too many times on the companies that aren't generating cash.
You are game buying options - especially on an explorer. Not to say it won't pay off handsomely if you are right! Good luck son.
Actually, it is not just limited to companies that are paying a...
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $59.59M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.5¢ | $34.01K | 295.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 765509 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 305480 | 5 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| AW1 (ASX) Chart |