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
40c would be a reasonable take over offer now if we get to...
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Mkt cap ! $227.0M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 20.0¢ | $368.1K | 1.808M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100615 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 58998 | 1 |
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| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 20.5¢ | 20.5¢ | 20.0¢ | 365537 | ||
| Last updated 15.58pm 22/05/2024 ? | |||||
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