Well even after the capital return, cash backing would be close to 24c. So one would think that 34c would be a reasonable price for shares at presant. With out giveing any value to our assets, or speculation on the value of the new discovery.
MC= 73880000 / 0.315 = 234539682 shares
Capital = 57000000
57000000 / 234539682 = 0.243 cps
Well even after the capital return, cash backing would be close...
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Last
$1.34 |
Change
-0.050(3.60%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.33 | $2.161M | 1.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18387 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 3757 | 2 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
