Not sure what to make of the CR.
EBITDA to 30/6 $5.9
1:3 share offer fully underwritten by staff and mates will add close to 89m shares to the existing 265m (total about 354 M)
$ value about $3.9 mill
Thinking they will have Debt ($8m) covered or have around $17m for acquisitions.
Is it a war chest for tight times, or part of a more aggressive strategy.
If shares stay around .05c expect market cap to be around $18m come 1/7/20.
Does anybody have a formula for calculating market cap of a startup, in the mining services industry, with debt covered, with assets in excess of 20M, no value against goodwill, in uncertain times, with a possible future EBITDA equal to or around $5 ( Is this a reasonable forecast for 12 months given that the last 9 month have produced $5.9m and we face very uncertain times) I will add to the existing long held holding with this offer.
News: VYS Vysarn Expects Full Year EBITDA To 30 June Will Be About $5.90M, page-6
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Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $133.9M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 32.0¢ | $28.93K | 90.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1290 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 48739 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| VYS (ASX) Chart |