What you are saying doesnt make sense. You should show your calculations otherwise all you do is create confusion.
There are two businesses here, Lithium and Energy. Combined they require Euro 1.77b in capex. Assume they need another Euro 200m in funding for head office costs (start up etc etc) meaning a total of Euro ~2b. NPV is 3.5b. Subtract the capital they need and head office costs of ~2b means net Euro 1.5b. Converted to AUD its $2.35b. Discount this by, say 50% due to risk, unknowns, cost blow outs etc etc, means conservative market cap of $1.18b. Current market cap is 76.5m shares x $6.5 = ~$500m. Price target is therefore ~$12.
Please tell me where i am wrong.
Once in a lifetime stock, page-10
-
- There are more pages in this discussion • 515 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VUL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.90 |
Change
0.100(2.63%) |
Mkt cap ! $733.9M | |||
| Open | High | Low | Value | Volume |
| $3.78 | $3.93 | $3.69 | $1.034M | 271.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4999 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 250 | 1 |
View Market Depth
| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| VUL (ASX) Chart |