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12.0¢ argosy minerals limited

Hi Whisky,Today, the SOO are listed as 1,266 million shares x...

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jchami

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30/08/22

09:51

Post #: 63399746
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Originally posted by Whisky49: ↑

I'm interested in clarifying the difference in market cap calculations based on SOO. Why is there a difference?

Not quite sure what you are getting at ,the market cap is the number of shares on issue multiple by the shareprice on the day , if you are using fixed calculations the difference between 77.5 % of 2000tpa and 90% of 12,000tpa is an increase of 6.97 so your market cap would increase by that much.
However nothing is fixed when it comes to the shareprice, Lithium prices, costs, exchange rates to name but a few . That also includes SOO or SOI , it will increase with the conversion of options and almost certainly more equity coming from a strategic partner , shareholders or both.
As for any PE range to apply, there is no market norm for Lithium producers as an emerging growth sector, its something that will eventually get established.

I think the Argentinian tax rate is similar to Australia at 30% but how credits are treated I'm unsure but they do have them...

Cheers Whisky

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Hi Whisky,

Today, the SOO are listed as 1,266 million shares x 0.37 = 468 million dollars.

The market cap on comsec is $539 million

The market cap on Hotcopper is $505 million

I'm curious to find out what is the cause of the discrepancy?

AGY Price at posting: 37.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 12.0¢		Change 0.000(0.00%)		Mkt cap ! $168.5M

Open	High	Low	Value	Volume
12.5¢	12.5¢	12.0¢	$134.1K	1.098M

Buyers (Bids)

No.	Vol.	Price($)
30	1085577	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	197251	5

View Market Depth

No.	Vol.	Price($)
30	1085577	0.120
12	537478	0.115
10	613966	0.110
8	1074619	0.105
19	1483806	0.100

Price($)	Vol.	No.
0.125	197251	5
0.130	717981	10
0.135	533258	14
0.140	826969	10
0.145	522078	10

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 12.0¢			Change 0.000 ( 2.76 %)
Open	High		Low	Volume
12.3¢	12.5¢		12.0¢	631063
Last updated 15.59pm 06/05/2024 ?

AGY (ASX) Chart

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