prawn_86
Mod: Call me Dendrobranchiata
- Joined
- 23 May 2007
- Posts
- 6,637
- Reactions
- 7
FDL has 950m shares
Mkt Cap at 2.5c = $24m
Cash $6m
Listed Investments (MXR/MXRO/CRJ) $2m
FMG Royalty $8m
Total Assets = $16m
So EV for the 350Mt target = $8m = 20c per tonne Way too cheap
I'd say an EV of $1t for the target = $35m
+ $16m in assets = $51m = 5c+
Hit my target so I'm out just made a ridiculous and I do mean ridiculous sum of money in about 30minutes
so am hoping that one day, FDL may so the same thing for me!:
hey YT, anytime to make an detailed analysis of this one, or are we all just glued to our monitors atm
I was just too scared to hang in there ...
i've literally stopped to watch worm do its thing live ... lol ...
this is friggen crazy! to scary to jump into at this point imo ... lol
im still gob smacked
how didnt anyone see this coming lol
The funny thing is I did see this coming.. based on the low resistance for such a long time. but since I am a newbie trader I only had minimal capital invested. Shame! big shame, I may never see a hike like this one for ages.
I missed EGO by selling a day early, same with KAL, bought FDL with profits from GNL, so all is go I figure.. but wow.. FDL has really taught be something...
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