PDY padbury mining limited

Oakajee - from a spark to a flame, page-17

  1. 10,824 Posts.
    Based on assets (cash, iron ore resource, and intellectual property) its hard to see why something which is little more than a shelf company like PDY has a market cap of $16.86 million. I could justify $1.686 but it seems 10x overvalued to me.
 
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Currently unlisted public company.

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