Correct me if I am wrong with my calculation.
I am not sure what projects COB has however if Thackaringa acounts for 100% of COB's MC, than that equates to a SP increase for AUZ of $0.026:
$68,800,000 (COB MC) / 2,678,000,000 (AUZ shares on issue) = $0.026
SP rise of COB looks great but once converted to what it really means for AUZ, not as significant as it looks.
I am not saying however that Thackaringa is not a valuable project, but COB rise in SP is not as significant as it may seems... for now.
Correct me if I am wrong with my calculation. I am not sure what...
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $9.72K | 1.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4668584 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3941266 | 14 |
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| Last trade - 15.19pm 27/09/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |