CAY 0.00% 9.6¢ canyon resources limited

Serious comment on placement, page-11

  1. 153 Posts.
    lightbulb Created with Sketch. 67
    I'd probably consider 25c too, which is quite a multiple from here, but in terms of MC it is pretty low.
    Anyone taking over at 200-250M USD gets a proper bargain, after dilution we're in the 35-45c range.
    (And there is no need for TO either, it can be the company valuation at PE 1...)
 
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