You lost me at hand waving gigatwat’s ‘brusque manner’. I’m sure a lot of people will lap your post up, long form well written posts tend to get accepted without any question. However, Daniel’s point had nothing to do with the current valuation or the shorter’s thesis, it was simply that it was a safe bet that the DFS would underwhelm a lot of retail punters and would therefore be an easy target. Also, I’m not as convinced as you about JM’s naivety around debt funding (which frankly comes across as arrogant) or the certainty of an equity raise under the current price. The possibility of bank funding aside, it’s entirely possible we’ll see other BOAs signed before funding, which should in a sane world see the SP appreciate as the project is progressively de-risked. I appreciate your post, but your outright certainty makes it seem more black and white than I believe it is.
- Forums
- ASX - By Stock
- General comments/chat
You lost me at hand waving gigatwat’s ‘brusque manner’. I’m sure...
-
-
- There are more pages in this discussion • 11,619 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $31.10M |
Open | High | Low | Value | Volume |
0.9¢ | 1.1¢ | 0.9¢ | $503.0K | 52.84M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4749269 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 17804638 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 3750780 | 0.010 |
49 | 17718179 | 0.009 |
31 | 16953093 | 0.008 |
12 | 8308954 | 0.007 |
4 | 4750000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 17554475 | 16 |
0.012 | 40702364 | 15 |
0.013 | 2021801 | 9 |
0.014 | 1243685 | 5 |
0.015 | 1127257 | 5 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
ADN (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online