Yeah , it's a good genuine report, thankfully free from hype . Their valuation of 83 cps is probably very conservative as they acknowledge, because they are showing a low figure for the Marampa IPO as well as under-stating the possible sale proceeds from Leichard and putting very little value on Cape Lambert South and our phosphate holdings.
My maths gives me a figure of just over $ 1.10 on a good day .
At this sort of price, I agree with previous posters that a take-over around 80 cents offer could be the catalyst for some real SP action .
I remain a long-term holder as I have faith in Tony and his team .
- Forums
- ASX - By Stock
- valuation
Yeah , it's a good genuine report, thankfully free from hype ....
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLE (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $9 | 8.918K |
Featured News
CLE (ASX) Chart |