CAP 2.27% 4.3¢ carpentaria resources ltd

CAP's market cap is nothing short of a joke at the moment. 30...

  1. 700 Posts.
    CAP's market cap is nothing short of a joke at the moment. 30 million dollars for Hawson's alone... Chuck in the quality management and extra tenements and 9 million currently in cash along with 2 million in GUF shares and a royalty. What is the market thinking?

    The only extreme way to get the market cap as somewhere near 'proper' value is to assume that Hawson's doesn't exist, which it clearly does.

    This is playing out just like Maverick, insane fundamentals just a very silly price, we only have to wait until the market wakes up and realizes how cheap this company is.

    JM.
 
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Currently unlisted public company.

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