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$1.70 genesis minerals limited

excellent analysis and very professional knowledge mate, are you...

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Weswang0812

222 Posts.

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23/10/22

14:09

Post #: 64344739
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Originally posted by vaka: ↑

Buy GMD while its cheap, 18 months from now, when we in production, SP will sky rocket.
Looking at GMD's balance sheets, our Current Ratio will allow us to meet our short term financing commitments. GMD has 96 599 000 in cash ready to be deployed and invested, so most likely wont need to use debt or equity finance to fund its current projects.
If GMD decide to take over St Barbs, i think they may look at using debt to finance the take over, or a mix of debt and equity (Cap raise using shares). GMD's NPV for its projects positions them in a strong position to have a strong Return on Equity, and do right by its share holders.

Strong Buy

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excellent analysis and very professional knowledge mate, are you MBA or? not many people see the business level you see.

GMD Price at posting: $1.12 Sentiment: Hold Disclosure: Held
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1 Great analysis

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(20min delay)
Last $1.70		Change 0.000(0.00%)		Mkt cap ! $1.907B

Open	High	Low	Value	Volume
$1.71	$1.72	$1.67	$6.904M	4.069M

Buyers (Bids)

No.	Vol.	Price($)
2	20055	$1.70

Sellers (Offers)

Price($)	Vol.	No.
$1.70	10689	1

View Market Depth

No.	Vol.	Price($)
1	3778	1.690
1	3778	1.685
1	3778	1.680
2	17755	1.675
3	18778	1.670

Price($)	Vol.	No.
1.710	3778	1
1.715	3778	1
1.720	3778	1
1.725	3823	1
1.730	3823	1

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last $1.70			Change 0.000 ( 0.65 %)
Open	High		Low	Volume
$1.71	$1.71		$1.67	973791
Last updated 15.59pm 03/05/2024 ?

GMD (ASX) Chart