Great report - A 4 x multiple I think I can live with that
"We believe DeGreyis worth A$0.30/share based on our initial NAVPS estimate of A$0.44/share and a multiple of 0.70x. In our view, DeGrey is one of the few development companies with a path to produce plus100koz/year, have exceptional exploration upside in +200km of shear zones and trading at a steep discount to its peer group. We believe that the Pilbara Gold Project is of a scale and has the exploration upside that we believe makes De Grey an attractive target for mid-tier producers."
Red Cloud Report. . ., page-2
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Last
$1.47 |
Change
-0.010(0.68%) |
Mkt cap ! $3.523B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.49 | $1.46 | $4.831M | 3.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 52325 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 144705 | 6 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |