40c would be a reasonable take over offer now
if we get to production we should be trading at 5x earnings with a take over at that point at a premium to that
what will our earnings be -
very rough back of envelope calculation from someone with very little knowledge of gas operations
40-60tj/day
profit per gj 8-9$
50000x$8.50 = 155M x 5 = 775M market cap
77.5c per share
this doesn't factor in capex but gives a rough guide to the potential of the project at current commodity prices
anyone willing to critique these number I would sure appreciate it
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Last
17.5¢ |
Change
0.010(6.06%) |
Mkt cap ! $193.8M |
Open | High | Low | Value | Volume |
16.5¢ | 18.0¢ | 16.5¢ | $143.9K | 838.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 484277 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 0.170 |
8 | 760422 | 0.165 |
9 | 342306 | 0.160 |
4 | 277419 | 0.155 |
4 | 405301 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 484277 | 1 |
0.180 | 413149 | 9 |
0.185 | 140000 | 3 |
0.190 | 249480 | 2 |
0.195 | 104250 | 2 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
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