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0.7¢ blue star helium limited

You have your market cap calculation wrong. There's approx 1.2b...

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kdw779

20 Posts.

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17/08/21

12:16

Post #: 55350081
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Originally posted by stonkmaster007: ↑

ah right thanks for that mate. any idea how much a module costs and how many the company would be looking to set up? do you mean 0.05BCF p/a? 50*1000 = 50,000 = 0.05BCF. this means theyd only need 7 modules to produce 350k mcf a year which is quite a respectable number from what i can see from competitors.

also with this adjustment, 1 module produces ~$14M in annual revenue. i dont know how effecient their extraction process is but, to be conservative, ill assume their margins are around 50% (again no idea how accurate this is). so 0.5*14M = 7M earnings. using the relativley conservative p/e of 25 from before, it follows that market cap would = 25*7M =~175M = ~$0.38 per share.

hows this look now? any other problems you can see with it?

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You have your market cap calculation wrong. There's approx 1.2b shares on issue with a SP of 3.9c the MC is c.$45-$50m
So for it to be a $1b company the SP would need to be around 85c assuming theres no further dilution.

BNL Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $13.61M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.5¢	$22.20K	3.621M

Buyers (Bids)

No.	Vol.	Price($)
27	8947728	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	4609827	11

View Market Depth

No.	Vol.	Price($)
27	8947728	0.005
13	6832199	0.004
5	6350000	0.003
5	4650500	0.002
4	13500025	0.001

Price($)	Vol.	No.
0.007	4609827	11
0.008	4213595	10
0.009	5302130	8
0.010	5089784	12
0.011	3330775	5

Last trade - 16.10pm 17/07/2024 (20 minute delay)

BNL (ASX) Chart