I think these figures look good, and think these translate to
1.8c - 2.0c at 50m market cap
3.7c - 4.4c at 100m market cap
these ranges depend on the number of shares on issue, which depends how subscribed the CR is (upper value is estimate at 2261M shares, lower value is estimate is 2661M shares), and of course ignoring the effect of exercising of options during this time. I think these are very conservative estimates that we will likely exceed, but it is definitely more responsible to talk about the conservative expectations.
This is also just on paper, ignoring the markets opinion of future value and new announcements, and of course the actual reaction to the PFS, especially regarding the efficacy of the NextOre tech =)
IMO, DYOR
- Forums
- ASX - By Stock
- MGT
- MGT Progress and Prospects
MGT Progress and Prospects, page-31
-
-
- There are more pages in this discussion • 142 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 MGT (ASX) to my watchlist
|
|||||
Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $20.46M |
Open | High | Low | Value | Volume |
19.0¢ | 20.0¢ | 18.5¢ | $17.41K | 89.80K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 171588 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 34379 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 171588 | 0.190 |
1 | 2062 | 0.185 |
3 | 42080 | 0.180 |
1 | 3500 | 0.175 |
4 | 66500 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 34379 | 3 |
0.215 | 8000 | 1 |
0.220 | 3773 | 1 |
0.235 | 55000 | 1 |
0.300 | 350 | 1 |
Last trade - 13.45pm 06/09/2024 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |