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0.3¢ avecho biotechnology limited

Share Price After Award Decision, page-59

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13,956 Posts.

2374

30/10/18

19:08

Post #: 36320340
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I have been making a mental calculation of 1 cent per $10mil - it is not scientific but a guestimate based on current company value and SP.

The biggest flaw in this is that a very large payout will lift the SP by a bigger margin - a smaller one by a smaller value

Again, very rough calculation.

I also think there will be a ceiling when profit takers sell up.

Originally posted by second opinion: ↑

Thanks Guys for all the calculations. I'm also interested if anyone has given any thought to the likely share price if we get a payout. For example, If $45Mil was retained by POH after distribution then current assets would be somewhere near the current market cap. Assuming that the market does not equate any value to TPM potentially we may be able to make a comparison with similar stocks to POH.I.e. with no debt; cash in bank and similar number of outstanding shares. Very simplistic but might give us a ballpark figure. I think BD1 was used recently as an example. Current Assets $1.4Mil and current $0.322 Mil with about 830 Mil share outstanding. SP currently 4.6 cents.

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POH Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.3¢		Change 0.001(25.0%)		Mkt cap ! $7.923M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$2.5K	1M

Buyers (Bids)

No.	Vol.	Price($)
45	42660232	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	44100695	25

View Market Depth

No.	Vol.	Price($)
45	42660232	0.002
17	76995009	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	44100695	25
0.004	14687379	14
0.005	22033532	10
0.006	19380067	10
0.007	5722471	6

Last trade - 15.19pm 10/09/2024 (20 minute delay)

AVE (ASX) Chart