Apologies my original calculation was overstated by $1m.
Now that the Q3.17 quarterly is out its a much more simply calculation:
$7.3m cash vs $5.6m market cap
At 1.8c we are now trading with a $1.6m negative EV, not sure why anyone would be selling now. Even with the track record of management we have $1.6m of runway (4 quarters of expenses) for these guys to acquire something.
$5.5m cash + $3.8m due vs $7.5m market cap, page-5
-
- There are more pages in this discussion • 285 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VKA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $9.563M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $34.18K | 3.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1395444 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 447286 | 2 |
View Market Depth
| Last trade - 11.09am 22/11/2024 (20 minute delay) ? |
| VKA (ASX) Chart |
