To be honest, in my opinion the true value of Chalice SP is circa $16+ right now so yes it is very undervalued.
My valuation is based on my “back of the envelope” calculation on just 10% of the in-ground NPV value of the MRE.
Wouldn’t surprise me if we see the SP on a solid trajectory right back to where it was 1 year ago.
Not investment advice and good luck.
CHN chart, page-7868
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.06 |
Change
-0.003(0.23%) |
Mkt cap ! $417.1M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.09 | $1.05 | $1.695M | 1.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15670 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 19568 | 5 |
View Market Depth
| Last trade - 15.59pm 29/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |