Is there not likely to be dilution over the next few years with strategic partners and capital raising to build the plant?
This makes the $1.50 - $3 share price value seem like a massive stretch. I tend to agree with Daec, $3b market cap is well over anything I’ve seen speculated or forecast, well above even INR’s own predictions.
Kevo, where do you see the market cap landing? That report would have been prepared before the most recent dilution, yeah?
Before the mongs jump down my throat, I am a long term holder too and am invested in its success.
Is there not likely to be dilution over the next few years with...
Add INR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $411.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $168.5K | 851.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 180000 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 102187 | 4 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
19.5¢ |
Change
-0.005 ( 2.89 %) |
||||
| Open | High | Low | Volume | ||
| 20.0¢ | 20.0¢ | 19.5¢ | 269044 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| INR (ASX) Chart |