CVY 0.00% 11.0¢ coventry resources limited

Ann: Company Presentation , page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,053 Posts.
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    Alex, you asked

    "At $1700/oz this could easily be a $1.20 but instead is sitting at 20 cps. Why the huge undervaluation here? "

    I think the only logical answer has to be that with a mkt cap of only $30m and mkts in "risk off" mode this stock is too small for any major player to be bothered with.

    I feel you are correct wIth your >$1 valuation so either add more here if you have the spare bullets or hold tight and enjoy the ride.
 
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