MMX murchison metals ltd
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mmx vs fmg, page-6

  1. Tibbs
    12,495 Posts.
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    06/07/07
    18:45
    Post #: 2599863
    Regardless of the ore

    Your initial maths is flawed because you need to divide the MARKET CAP by 4, and NOT the share price!!!

    Dividing the MC of FMG you come to a comparable price of $6.60 for MMX (using your calc of dividing by 4)

    cheers
    MMX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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