CAP 6.00% 9.4¢ carpentaria resources ltd

The most interesting thing I thought the MD said yesterday was...

  1. 60 Posts.
    lightbulb Created with Sketch. 9
    The most interesting thing I thought the MD said yesterday was CAP is forecasting a US$850 profit per year once in operation, that’s approx A$1.1B, if CAP paid 5% of the profit to SH’s as a dividend, A$50m and there is approx 300mil shares, with with a yield of 5% this would value each share at about A$3.00,
    correct me if I’m wrong.
 
watchlist Created with Sketch. Add CAP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.