Deeply discounted gold asset play potentially worth 5x current market cap
http://www.fareastcapital.com.au/imagesDB/newsletter/WWI-FarEastCapitalReport-14March2016.pdf
Using Far East Capital's metrics backwards it seems there is a fair bit of room to move upwards.
There is more shares on issue now, so their 8 cent valuation is closer to 5-6 cents, but that was pre-resource upgrades, when the company had less cash and no cashflow.
So essentially there's definitely still massive upside using Far East's metrics.
WWI – the multi bagger small cap gold producer?, page-57
-
- There are more pages in this discussion • 140 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 WWI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $1.415K | 101.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 383825 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 3598137 | 5 |
View Market Depth
| Last trade - 11.47am 14/11/2024 (20 minute delay) ? |
| WWI (ASX) Chart |
