Primes loss on Destra
64,800,000 @ 26 cents = $16,848,000 now worth $2,786,400 (4.3 cents) loss = $14m
146,853,536 @ 10 cents = $14,685,353 now worth $6,315,000 (4.3 cents) loss = $8.4m
Total loss = $22.4 million give or take a couple of dollars.
For this reason alone I believe we will see Prime get their money back and to break even they need a share price of 15 cents!
Note; Destra are still sitting on $5+ EBITDA profit before we remove $2.5m non-recurring items plus an amount for good will. And has a market cap of only $22m!
The unknown is what Prime can squeeze out of the company for 08-09 plus growth in the areas they want to grow!
- Forums
- ASX - By Stock
- DES
- another nice announcement from destra
another nice announcement from destra, page-16
-
- There are more pages in this discussion • 5 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 DES (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.991M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11111 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 12500 | 1 |
Last trade - 16.12pm 22/11/2024 (20 minute delay) ? |
Featured News
DES (ASX) Chart |
Day chart unavailable