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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Sally it is very interesting reading into people opinions...
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Last
0.6¢ |
Change
-0.002(25.0%) |
Mkt cap ! $4.678M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.5¢ | $73.47K | 13.04M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 9146824 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.6¢ | 3756831 | 9 |
View Market Depth
No. | Vol. | Price($) |
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14 | 9146824 | 0.005 |
9 | 12330279 | 0.004 |
3 | 549998 | 0.003 |
4 | 16917621 | 0.002 |
2 | 1000500 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 3756831 | 9 |
0.007 | 966379 | 3 |
0.008 | 800165 | 2 |
0.009 | 523166 | 2 |
0.010 | 566562 | 1 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 15.36pm 02/05/2024 ? |
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