Excellent write up. But...
According to this article:
https://www.fool.com.au/2014/02/07/aurora-oil-gas-limited-soars-55-on-takeover-offer/
$1.84 market cap divided by $4.10 per share offer equates to outstanding shares of 448,780,487 million and some change at the time of Aurora's buyout. This, provided that the article is correct, is all I could dig up. So if the author is gonna make comparisons, well, I believe total shares outstanding needs to be accounted for.
HE8 currently sits at almost a billion and a half shares outstanding.
Not trying to be a debbie downer here, and as this is the first pennystock I've ever owned, I don't know quite what to expect. I'd love to see this thing fly and I'm here for the long haul... but the math....
Once again, just ramblings.
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Excellent write up. But... According to this article:...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.57M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $8.964K | 746.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 663272 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 583250 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 53607 | 0.015 |
1 | 250000 | 0.014 |
2 | 538307 | 0.013 |
3 | 309800 | 0.010 |
2 | 66428 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 200000 | 2 |
0.018 | 222389 | 2 |
0.019 | 322615 | 2 |
0.020 | 422697 | 2 |
0.021 | 251930 | 2 |
Last trade - 15.01pm 26/11/2024 (20 minute delay) ? |
HE8 (ASX) Chart |