VERY back of the envelope....
SFR had market cap of $1.305B yest. It's up +5.88% = $76M market cap added today*
SFR has 70% of project (again, somewhat simplified).
At 30% interest = SFR's move would equate to +$32.9M market cap.
Which would push AUR to ~13.85c based purely on replicating SFR's move on AUR.
Thoughts?
Obviously many factors control share price movement, but arguing for now today's move is only due to Morck's Well announcement.
VERY back of the envelope.... SFR had market cap of $1.305B...
-
- There are more pages in this discussion • 55 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 AUR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.383M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1337500 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 393286 | 2 |
View Market Depth
| Last trade - 16.12pm 26/11/2024 (20 minute delay) ? |
| AUR (ASX) Chart |
Day chart unavailable
