So wait. Do I have this right? When the sophs bought in they were lauded. When they sold down they cop it on here.
A while back I mentioned NXE. It just released a SS. At the time I said NXE also has a roscoelite V play. Imo, the SS isn't good. Why? CapEx to MC ratio. From memory, the ratio is 20:1 and as such, not much chance of financing.
Why did KRC get smashed by 40% on release of SS? Imo, it had a ratio of 60:1.
It will be interesting to see the ratio for AEE considering current $20m MC which includes a U play close to DFS.
I have always asked what proportion of the current MC do people attribute to each play. No responses so far.
So wait. Do I have this right? When the sophs bought in they...
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $107.4M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $50.94K | 342.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 200250 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 270706 | 3 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| AEE (ASX) Chart |
