WAL
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0.00% 0.6¢ wavenet international limited

under the radar or unloved?

  1. AaronL
    46 Posts.
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    30/06/11
    13:08
    Post #: 8609341
    WAL has

    13m CLR shares @ $1.75 = $23m
    Plus 9m cash

    Plus coal leases
    Plus another 7m CLR shares pending (about $12.5m)

    So assuming that the market assigns no value to the coal leases, the company value is around $45m.

    Share price at 39c gives market cap $23m.

    Under the radar or unloved?
    WAL Price at posting: 39.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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