AYN 0.00% 0.1¢ alcyone resources ltd

capital raising - trading halt, page-29

  1. 28,822 Posts.
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    Prop, where do you get a P/E of 2.5? AYN is losing money hand over fist. You're implying they are making $15m to $20m p.a.

    kh, what are the positives to focus on? The company hasn't delivered on any of its schedules or forecasts yet, and even the silver price isn't helping. Hoping that this is a "dip on the graph" and ignoring fundamentals seems a lot optimistic to me.
 
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Currently unlisted public company.

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