|Lithic Metals (SEE LSE:AFNR)
||EPS - Basic
||Market Cap (m)
Lithic Metals (SEE LSE:AFNR) Share Discussion Threads
Showing 751 to 773 of 775 messages
I haven't spent enough time researching to draw a proper conclusion, but it looks cheaper than chips so far.
I've started a thread for AFNR, will add some links and charts when time allows.
|no problem, but no thread!!!!!|
|Typed in AFNR.Not worked.Anyone else have problems?|
|Is anyone going to start a thread for AfNat? Fairdeal?|
|So what is your conclusion then?|
|This may be of interest. If I've read it correctly, Polo Resources are paying au$7,420,000 and giving Areva all of their MEY(WME) shares in exchange for 14,100,000 BKY shares.
now that Lithic is joining the Extract Resources complex (via URU), I thought it would be worth taking a closer look. Only scratched the surface so far, but can I ask the regulars to check the following for errors and also let me know if I've missed out any other listed assets. TIA
EDITED - just discovered ASX:WME has recently changed it's name and ticker to MARENICA ENERGY LTD (ASX:MEY)
Audio presentation 02-12-2009|
|Agreed. I feel that's why this has been marked down, as the market doesn't know how to value this. We really do need clarification on what exactly AfNat's NAV is.|
|It might help if they'd clarify exactly what cash, investments and properties they now own. Given that Amber appears to have been in effect an investment company, and given that investment companies generally trade below NAV, I wonder if we paid too much for them.|
|Is the market being too pessimistic,or just giving these the cold shoulder?|
|very strange drop here|
|Put another way, this share price is valueing the Amber assets at £5.6 million on top of LMY's £2.6 million market cap today. 411 million shares at 2p = £8.2 million.|
|Yes weak markets but this market cap does not make any sense. When LMY announced they were taking over Amber for £9.5 million they were going to issue 285,426,846 shares to Amber representing 3.3p per share in AfNat. The share price 2 days before AfNat floats is 2p? The Amber shareholders need a near on 50% increase just to get their value back. Madness of AIM I guess. Wish I was buying mine at 2p.|
|weak Christmas markets?|
|Just checked figures, 411 million shares in Afnat at 2p = £8.2 million. Amber takeover price was at £9.5 million. So down by £1.3 million on that alone now and LMY's assets and cash in for free.
This is typical of AIM blody mm's.|
|What's going on here? At this price the new company will be valued at less than they took out Amber for so Lithic side of business worth nothing?|
|Maybe they have sold them? They did say they could do this in the interim.|
|No mention on the website of projects remaining from Amber, as far as I can see, but there doesn't seem to be any mention of Amber's shareholdings either.|
|we could do with a bit of corporate activity to get this moving.|
24th is when new company starts trading afnr ticker|
|for what its worth i dont think they'll be any movement in the share price when they start trading 23/12, unless we get a flood of buyers.|
|Hardly any trades in these,for quite some time now.|
|Agreed, didn't really word the response right, I think on a 3-6 month view, 5-6p.|