VAN
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0.00% 4.7¢ vango mining limited

bauxite play still cheap as chopsticks...

  1. PubLunchMan
    5,261 Posts.
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    30/09/09
    19:41
    Post #: 5716648
    Punters need to keep in mind that ORD hit 3.5cps Monday week ago. Despite today's placement IMO we are still holding an extremely undervalued bauxite play in comparison to ATI:

    ORD - ORD RIVER RESOURCES LIMITED

    Fully Shares 329,451,977
    Listed Options 38,877,146

    Fully diluted market cap $18.78M

    ATI - ATLANTIC LIMITED

    Fully Shares 959,219,060
    Listed Options 315,714,409

    Fully diluted market cap $51M

    JB
    VAN Price at posting: 5.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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