Jesse,
Its ironic that you comment that investors dont do their maths any more.
In your calculations you have applied a price to earnings multiple, which is a multiple of one years earninging to give a price, you have applied this multiple to ten years.
In other words you have applied a multiple to life of mine earnings to get a value of the life of mine.
You have over stated the value by a minimum ten times and I would say much much more.
ady worth 200 million plus oversold..., page-13
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $16.29M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $300 | 30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1231900 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1918082 | 2 |
View Market Depth
| Last trade - 11.25am 22/05/2024 (20 minute delay) ? |
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Last
0.9¢ |
Change
-0.001 ( 18.2 %) |
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| Open | High | Low | Volume | ||
| 0.9¢ | 0.9¢ | 0.9¢ | 74000 | ||
| Last updated 11.31am 22/05/2024 ? | |||||
| ADY (ASX) Chart |