Sally it is very interesting reading into people opinions regarding whether to include Opinions (listed / unlisted) when considering the valuation of a Company.
When the Heads are well and truly in the money, you will see companies start to line up deals with underwriters to guarantee the $$$ comes in by the expiry date.
In stating the above, it is still very early to determine whether or not the Options will be in the money come Dec 21 / 22. The way things are heading, I’m sure the Heads will be many multiples of the 4c & 6c option strike by the expiry date. In my opinion noting this, I always count the options into my valuation when working out the Mk Cap of a Company or future valuation based on peer comparisons.
SGC SOI = 477Mill @ 21c Mk Cap =$100Mill
SGC SOI + Oppies (FD) = 643Mill @ 15.5c Mk Cap = $100Mill
When you factor in Options to the Mk Cap you usually come up with a more “grounded” idea of where the SP might run too, and if there is a lot of Hype...... well then it just might exceed your expectations like the above example..... some people have rules to sell once a Company reaches a certain Mk Cap.
It is an interesting topic, to discuss whilst we wait for the big “Discovery” news!!
GLTAHs
PS.... bring on that $200Mill Mk Cap milestone!! (Will it be .30c or 40c????) let the Punters decide.
JW
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.237M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 761110 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 761110 | 0.007 |
8 | 2612000 | 0.006 |
9 | 6680180 | 0.005 |
6 | 10771900 | 0.004 |
3 | 549998 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 300000 | 1 |
0.009 | 1093000 | 2 |
0.010 | 966562 | 2 |
0.011 | 462500 | 3 |
0.012 | 3006026 | 7 |
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