whatever the share price is when we sell the company has to be worth $2b. There is a lot of value in the new leases we have been granted that have not and may never be realised by the stock market for a variety of reasons including country risk.
Driving the s/p up by using buybacks doesn’t actually change the intrinsic value (future cash flows) of the company. In fact it doesn’t increase the market cap either in a fairly traded stock because you need cash to do it. The only reason a buy back will increase our market cap at the moment is because it’s being manipulated and will therefore take these manipulators out.
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November production --> was it really + 5,700 ounces ????, page-177
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Last
$1.58 |
Change
0.000(0.00%) |
Mkt cap ! $405.9M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1250 | $1.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.62 | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1250 | 1.610 |
3 | 15052 | 1.595 |
2 | 24900 | 1.590 |
1 | 20000 | 1.580 |
1 | 9997 | 1.575 |
Price($) | Vol. | No. |
---|---|---|
1.615 | 20000 | 1 |
1.625 | 10000 | 1 |
1.630 | 7000 | 1 |
1.635 | 10000 | 1 |
1.640 | 10000 | 1 |
Last trade - 09.44am 08/07/2024 (20 minute delay) ? |
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