RCR 5.88% 1.6¢ rincon resources limited

what is fair value?if we look at pre-CR, pre-Avalon news share...

  1. 10,461 Posts.
    lightbulb Created with Sketch. 734
    what is fair value?

    if we look at pre-CR, pre-Avalon news
    share price was 2.3c to 5.2c
    total SOI 221.151m
    M/C $5.1m to $11.5m
    Cash $2.145 at end of March
    EV $3m to $9.35m

    Last closing price 6.6c
    current SOI 288.305m
    M/C $19m
    Cash $7m
    EV $12m

    base on current SOI 288.305m
    if EV in $3m to $9.35m range
    share price will be in 3.5c to 5.8c
    fair price range?


    https://hotcopper.com.au/data/attachments/6244/6244514-17315e2800b2918bf8819196a20280a1.jpg



    https://hotcopper.com.au/data/attachments/6244/6244548-ae79fda8a8b16fdba88ba620e1f3ebac.jpg



    https://hotcopper.com.au/data/attachments/6244/6244562-a453e55daa5d98a6cbaf2bd6792a35fd.jpg


 
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