ANS 0.00% 1.7¢ austsino resources group limited

Lets talk value/market cap, page-7

  1. 3,331 Posts.
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    i suspect when it does open it will run up to around 3c -4c range ( pre dilution) based on the sheer thrill of what has just been achieved and the magnitude of it all considering size of projects and then retreat to 2.4c range post dilution- however in saying that its not always rule of thumb especially if the wider investment community buy in for future long term wealth - the scene is set for a great deal of shareholder satisfaction either way and i suspect 3-6 months out from production they will probably consolidate to attract more top end interest

    It will be interesting to see the speed to which management provide ASX with info on capital structure spread and proof of funds - this is key to getting a better market response IMO

    GLTU and others
    Last edited by Graphite101: 26/09/18
 
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Currently unlisted public company.

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