I also don’t pay much credence to the NAV of Henderson at its current stage of depreciation. It was overcapitalised from the outset, for the top of an endless cycle that now appears a mirage.
$25m revenues p.a at present, lossmaking, market cap 2x revenues. You could make a respectable case for 1x, but probably 1.3 to 1.5x is right for now. IMO.
I also don’t pay much credence to the NAV of Henderson at its...
Add MCE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.5¢ |
Change
-0.010(4.26%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.0¢ | $39.12K | 170.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15540 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 10069 | 4 |
View Market Depth
| Last trade - 14.09pm 22/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
