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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Mkt cap ! $16.29M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $250 | 25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 655000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1752282 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 25000 | ||
| Last updated 15.57pm 24/05/2024 ? | |||||
| ADY (ASX) Chart |