My reference is p17 of 23 of the Investors Presentation dated 9/12/2010 by PDY.
If we compare Range Res resource of 650mt and their Market Cap of $853mil,it means with a resource of 500mt,we could expect a Market Cap of some $656mil.
However,PDY,s Market Cap is only a small $23mil,which means we are behind by a factor of 28.5. If we allow for PDY,s 70% interest,we are behind by a factor of 20!!
Our Market Cap should be $460mil or there abouts. You work out what the s/p should be--hint/its well over double figures --cheers
- Forums
- ASX - By Stock
- PDY
- market cap comparison
market cap comparison
-
- There are more pages in this discussion • 28 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 PDY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online