at 1c VKA is trading at a $3.1m market cap or below cash backing of $4.3m - $8.6m cash depending on how much you probability you attribute to them receiving the final payment for their Ghana gold assets
$2.9m cash balance as at Sep-18
$1.4m cash from Mongolian coal asset sale coming in Jan-19
Even without the $4.3m cash they are still owed by their Chinese buyer (who has paid $7m to date) for their Ghana gold assets
Trading below cash backing now
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VKA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $9.563M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $34.18K | 3.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1395444 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 447286 | 2 |
View Market Depth
| Last trade - 11.09am 22/11/2024 (20 minute delay) ? |
| VKA (ASX) Chart |
