EYE 5.56% 19.0¢ nova eye medical limited

ready set go, page-24

  1. 23 Posts.
    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???


 
watchlist Created with Sketch. Add EYE (ASX) to my watchlist
(20min delay)
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
Last trade - 16.10pm 14/10/2024 (20 minute delay) ?
EYE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.