To answer this question: valuing a company that's got zero revenues and is pre-production is difficult so it'd likely be a discount to NPV. The questions that would need to be answered are:
- NPV for Mod 1 or Mod 1&2? Or jack it up for 2mtpa?
- What discount to NPV? 80%?
- What's the discount rate in the NPV calcs now that the risk-free return (US or AUS treasuries) is so low? 5-6%?
- What inputs are used in the NPV i.e. SOP pricing, forex etc? They've all changed considerably since the DFS.
In summary, it'll be easier just pick a nice round number and cross your fingers because the only ones that will know a TO premium will be those actually making an offer.
- Forums
- ASX - By Stock
- Just wondering........
To answer this question: valuing a company that's got zero...
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DNK (ASX) to my watchlist
(20min delay)
|
|||||
Last
31.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $151.0M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
DNK (ASX) Chart |
Day chart unavailable