Just a quick comparison for comment and your thoughts.
FMG CY13 shipped 100mt. This is about 5 times more than planned by FMS.
FMG market cap is about $16,939m.
OK, so FMS has a few years until production starts. Then it "should" run as an organisation about 1/5th the size of FMG in CY13. If it does them you could assume a market cap around 1/5th of current FMG. 1/5th $16,939 is $3,388m! Clearly a big number and big difference. Even if the market cap was 1/100th of FMG then the MC would be $169m. More than 3 times the current MC of around $58m!
So, what am I missing? Anyone with any accounting skills like to give a view. What should the MC be now? What should it be when rail and port and shipments commence. Assume the sake of the exercise that the A$ and IO price are as of now.
Thanks. PS
- Forums
- ASX - By Stock
- RHK
- value comparison
value comparison
-
- There are more pages in this discussion • 17 more messages 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 RHK (ASX) to my watchlist
|
|||||
Last
87.0¢ |
Change
-0.010(1.14%) |
Mkt cap ! $173.8M |
Open | High | Low | Value | Volume |
87.5¢ | 87.5¢ | 87.0¢ | $3.589K | 4.103K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1795 | 87.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1795 | 0.870 |
1 | 5753 | 0.860 |
1 | 882 | 0.850 |
1 | 10000 | 0.840 |
1 | 15 | 0.830 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 20000 | 1 |
0.885 | 602 | 1 |
0.890 | 2368 | 1 |
0.910 | 20000 | 1 |
0.950 | 8667 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
RHK (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online