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.
To be honest, in my opinion the true value of Chalice SP is...
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Last
$1.07 |
Change
0.000(0.00%) |
Mkt cap ! $417.1M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.09 | $1.05 | $1.270M | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 8007 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 64851 | 7 |
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| Last trade - 14.09pm 29/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |