You people need to get a calculator out instead of focusing on the 20%........ok then, I'll do it for you!
2 days ago POS was trading at 75c giving a market cap of around 88M. Today it closed around $1.20 with a market cap of 143M......a 55M increase in value.
If this 55M represents 80% of the mining rights then 20% would be close to a 14M rise in value for EYE. What is the current company value, braniacs? Yes thats right 4M! Adding the 14, you get 18(4.5 x current valuation).
You stars can do the rest of the math!
Any cash in the bank for a junior explorer at the moment is like gold given the declining state of the credit markets. Would be capital injectors are becoming more and more scarce.....maybe this played a factor in negotiations???
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $43.52M |
Open | High | Low | Value | Volume |
18.0¢ | 19.0¢ | 18.0¢ | $47.33K | 253.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 45984 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 16482 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 45984 | 0.185 |
9 | 236276 | 0.180 |
6 | 162000 | 0.175 |
7 | 127000 | 0.170 |
4 | 114241 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 16482 | 2 |
0.195 | 82400 | 3 |
0.200 | 113423 | 3 |
0.205 | 15050 | 1 |
0.210 | 40000 | 1 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
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EYE (ASX) Chart |
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