If figures are quoted and they are inaccurate they do mean nothing. Capital intensive companies all seem to quote this.
In EHL case they are quoting mid to high 70c range. This implies they can sell all the equipment, pay the outstanding debt and have a surplus of the above per share.
What I am saying is that depreciated value or written down value has absolutely NO bearing or correlation to market value!
anyone interested here?, page-15
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Last
87.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $401.7M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 88.0¢ | 86.8¢ | $440.9K | 505.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 17033 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 29918 | 8 |
View Market Depth
| Last trade - 13.56pm 29/11/2024 (20 minute delay) ? |
| EHL (ASX) Chart |
