And some shareholders think this makes their Clean TeQ shares worth less so they sell??? Sure don't understand that thinking." Gotta love this--emphasis added. And just what kind of PE do tech companies have? Quick! Panic! Sell! Sell! This is too good and therefore must be bad! LOL
"Just compare the valuation of Tesla to Clean TeQ Holdings (OTCQX:CTEQF), an Australian junior miner, with a promising cobalt, nickel, and scandium deposit in New South Wales. Tesla is unprofitable, whereas Clean TeQ's Syerston Project will generate free cash flow (FCF) margins exceeding 40% at current metals prices. Clean TeQ trades for only 2 times the FCF it is likely to generate in its first year of production (2020).
My point is that high quality miners can generate profit margins that compete with tech companies, whereas auto manufacturing is a highly competitive, low margin business."
- Forums
- ASX - By Stock
- SRL
- DFS what to expect
DFS what to expect, page-36
-
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
42.0¢ |
Change
-0.010(2.33%) |
Mkt cap ! $37.89M |
Open | High | Low | Value | Volume |
42.5¢ | 42.5¢ | 41.5¢ | $21.77K | 51.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4251 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 1999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4251 | 0.420 |
1 | 25794 | 0.415 |
4 | 55000 | 0.400 |
2 | 37976 | 0.395 |
2 | 5950 | 0.390 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 20833 | 1 |
0.485 | 250 | 1 |
0.500 | 11363 | 2 |
0.510 | 1500 | 1 |
0.515 | 18240 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
SRL (ASX) Chart |