Yes you would expect so. MC of 23mill at 30c. 13mill debt. 55mill coming in from sale. After paying debt should have 46 mill (got 4mill in the bank)-nearly double the present MC. You would expect around the 55-60c mark.
Sorry Nightwatchman I don't understand 100mill MC? I missed something maybe?
I don't think it is that good really-the $1.60 valuation put on AYA as a producer of coking coal with all infrastructure in place looked fantastic. With a dividend. Now I feel what is next as value for shareholders?-what does AYA have once the Kodiak project is gone. CRB maybe?
The directors have made a motza as usual with options and shares issued and I have averaged down expecting a return once production starts. To be bought out-what will happen to the money made? Big bonus cheques for the fat cats while shareholders are left holding the bag and a SP that floats around the 30-35c mark until Feb?? Interesting AGM today. Should be some good questions.
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Yes you would expect so. MC of 23mill at 30c. 13mill debt....
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Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.46M |
Open | High | Low | Value | Volume |
26.0¢ | 26.0¢ | 26.0¢ | $520 | 2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 7436 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 0.260 |
1 | 1988 | 0.250 |
1 | 1356 | 0.240 |
3 | 18565 | 0.220 |
4 | 53255 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 7436 | 2 |
0.340 | 8000 | 1 |
0.350 | 10000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 15.12pm 12/07/2024 (20 minute delay) ? |
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