re: News: Minemakers release positive feasibi... He makes one good point against the UCL Board, IMO: the fund raising of 30 cents being at a large discount to the 43 cent Grant Thornton low value.
The 13 times dilution he calculates for UCL based on UCL's pre-offer market cap and on the assumption that no debt finance will be available frankly does Mr Drummond no credit at all. You couldn't choose a more unattractive comparison could you? It is an unrealistic comparison that has no grounding in reality and yet he argues in the same interview that NPVs and IRRs should be grounded on more firmed up capital estimates. Pot calling the kettle black, again?
I ascribe no significance whatsoever to the higher trading volume in MAK compared with UCL.
- Forums
- ASX - By Stock
- News: Minemakers release positive feasibility res
re: News: Minemakers release positive feasibi... He makes one...
-
-
- There are more pages in this discussion • 27 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 AEV (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.74M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $76.92K | 7.003M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1495406 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 2047093 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1495406 | 0.011 |
7 | 6421083 | 0.010 |
5 | 2296000 | 0.009 |
3 | 804999 | 0.008 |
3 | 1400000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 2047093 | 7 |
0.013 | 894066 | 6 |
0.014 | 1799999 | 3 |
0.015 | 2756813 | 5 |
0.016 | 6719577 | 7 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
AEV (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online