My broker’s website indicates POS has net assets of $138 million, the lion’s share of which is plant and equipment.
Current market cap is $66.6 million, less than half the book value.
I would appreciate it if someone could check my calculations. Am I missing anything?
I understand that plant and equipment needs to be operating to extract vale, and that other mines in the near the Black Swan open pit are stranded due to a lack of access to infrastructure.
I’d appreciate the sharing of any sensible thoughts on this topic.
- Forums
- ASX - By Stock
- POS
- Net assets vs market cap
Net assets vs market cap
- There are more pages in this discussion • 11 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 POS (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
-0.001(7.14%) |
Mkt cap ! $24.13M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $6.212K | 911.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 22337792 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 23024860 | 54 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 22337792 | 0.006 |
40 | 30979202 | 0.005 |
57 | 42489213 | 0.004 |
23 | 28020227 | 0.003 |
14 | 13360000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 23024860 | 54 |
0.008 | 21509580 | 37 |
0.009 | 5716340 | 18 |
0.010 | 3605442 | 12 |
0.011 | 1627444 | 4 |
Last trade - 14.57pm 30/05/2024 (20 minute delay) ? |
|
|||||
Last
0.7¢ |
  |
Change
-0.001 ( 1.56 %) |
|||
Open | High | Low | Volume | ||
0.7¢ | 0.7¢ | 0.6¢ | 1043272 | ||
Last updated 14.57pm 30/05/2024 ? |
Featured News
POS (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online