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0.00% 11.5¢ calidus resources limited

valuation

  1. V1shnu
    69 Posts.
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    14/01/06
    11:34
    Post #: 1318025

    1. PNO has 198 million shares on issue.

    2. The company holds 88 million MPLA shares.

    3. MPLA shares closed at US$0.56 last night.

    4. Therefore PNO's holdings has a market value of 0.56x88/198=US$0.29 per share.

    5. Based on an exchange rate of US0.75 to Aus$1.00,
    1 PNO share is valued at 0.29/0.75=Aus$0.38.7

    6. PNO share closed at Aus$0.058 on Friday
    CAI Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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