Watching the AFL draft and my subconscious was niggling that 46c CDV share price calculation felt too low, 12 months after funding if 500M new shares are issued for $135M. Of course i was only thinking market cap EV/share, hadn't added back the $100M equity after repaying Sprott Loan. Just in case anyone bothered following the post and got a shock the price calc should have been 56c, rather a TO but tells me even in a horrible CR there's upside from here.
CDV Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
