IPL $1.2B increase in MC on your figures works out to $12/share increase in value on MAK's FD 100M shares.
MAK has increased in value $92M since 1 January, on FD 100M shares basis, ie sp rise from 20c to $1.115 = $0.915 x
100M.
MAK has increased 7.6% as much as IPL in MC terms, ie 1/13th.
The obvious difference between IPL and MAK though is that IPL is a producer and distributor, lower risk and is earning money today, not in 2-3 years time.
MAK certainly doesn't look overpriced though!
IPL $1.2B increase in MC on your figures works out to $12/share...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.15M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $10.10K | 780.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3524280 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1224503 | 3 |
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| Last trade - 13.41pm 04/09/2024 (20 minute delay) ? |
| AEV (ASX) Chart |