No - Not really RAF
200,000,000 seems far more than we need to buy Indee - even at 8 cents raise - but for the point of this exercise lets go with that.
625,000,000 shares after the raise
Go with 1.4m ounces (not 2M) at a conservative $45- per resource ounce = 63mill MARKET CAP divided by the 625 shares
AND YOUR AT FAIR VALUE OF 10 CENTS A SHARE (approx)
So I don't get your constant negativity over the subject RAF - it like you are in a panic - not logical.
As you have disclosed, you hold shares - Let me ask you here at 8 cents if KL was to invest more into DEG to help them through this BUMP in the road - would that not be a good thing?
PS: @jonathm54 can you check my math's please mate!
No - Not really RAF200,000,000 seems far more than we need to...
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Last
$1.37 |
Change
-0.025(1.79%) |
Mkt cap ! $3.283B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.40 | $1.37 | $6.904M | 5.005M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16964 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 114660 | 6 |
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| DEG (ASX) Chart |