Ya Ya
I've previouly posted valuations on GDM both on here on "other forums", so won't repost them in full on here, but...
But work out the market cap @ 166m x $0.46 = $76m
Now lets work out the EV value.
Subtract - Cash on hand (30/6/07 = $7.5m*)
Less - Exploration & Admin costs of say $1.5m = $6m
Value of Listed Investments:
UNX - 33m x $1.185 = $39m
CNI - (14m x $C1.46 /1.15) = $18m
(+ Cash approx $C17m/$1.15) = $14m*
So $6m + $39 = $18m + $14m = $77m!!!!!!
* CNI cash not incl in Cash figure
This doesn't include ANY of GDM's projects, ie Cairns Hill, Mt Woods, Lonmin JV's, 1% NSR over AGS permit...
CNI figures off the TSX website & FX rates off Findata.
Which ever way you want to look at it, GDM is cheap & vastly undervalued & whoever said its value is 2 - 3 times its current value, isnt too far off the mark IMO.
I hold & no surprise i'm buying...
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Ya YaI've previouly posted valuations on GDM both on here on...
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Last
26.5¢ |
Change
0.025(10.4%) |
Mkt cap ! $7.221M |
Open | High | Low | Value | Volume |
23.5¢ | 26.5¢ | 23.0¢ | $33.76K | 146.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2277 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 1699 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2277 | 0.220 |
2 | 103571 | 0.210 |
2 | 204882 | 0.205 |
1 | 2942 | 0.170 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 1699 | 1 |
0.280 | 100000 | 1 |
0.295 | 53000 | 1 |
0.300 | 20388 | 2 |
0.310 | 32500 | 2 |
Last trade - 15.56pm 05/07/2024 (20 minute delay) ? |
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GDM (ASX) Chart |