I can tell you a cashed up company that is trading at a 50% discount to its intrinsic value ( netto cash value).
CFE currently got around 240 M$ netto cash ( M-Cap 88 M$) and are currently looking for 4-5 bargain acquisitions.
Why buy ADY when you can buy a company with a huge cash box (240 M$) at a 50-60% discount. They could buy out ADY for next to nothing and it wouldn't even hurt them.
Cheers
cashed up company who could buy the lithium, page-12
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $17.92M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $11.94K | 1.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 400000 | 2 |
View Market Depth
| Last trade - 13.26pm 19/07/2024 (20 minute delay) ? |
| ADY (ASX) Chart |