Dacian was at $3.20 when it raised at $2.70 and has been leaking like a sieve ever since. Ramp up costs are just one big question mark, but the insiders know, that’s for sure. All Companies have issues to deal with, WAF’s done very well imo.
I really think the problem we have here is with your valuation of WAF, you can’t expect anyone to throw in hundreds of millions without serious concession for the inherent risks of operating in BK. Cut 30% off your valuation, then cut another 10% for some wiggle room, then give 10% to the Government. There’s your valuation; in the medium term one to two bags if we lucky. In the long run maybe a lot more depending on how we progress.
Ann: Capital Raising Presentation December 2018, page-167
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Last
$1.50 |
Change
0.015(1.01%) |
Mkt cap ! $1.866B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.51 | $1.49 | $3.699M | 2.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12485 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 132100 | 7 |
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