If GHY had an internal risked (Pc 11%) pre drill valuation for the company, I'm guessing it was around 32.5cps.
Thats based on the corporate transaction where convertible note holders received shares in the IPO at the rate of 32.5cps against the face value of the C/notes, while the IPO was priced at 50cps.
GHY currently trading around 2.5x that 32.5cpc conversion rate at IPO, so the market's assuming some derisking up from pre drill Pc 11% has taken place at Ramsay, imo.
The screenshot on the right is from BRU's website, MST Access Report.
Ann: Execution of MOUs for Hydrogen Pilot Plant Collaboration, page-67
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Last
$1.47 |
Change
0.010(0.69%) |
Mkt cap ! $112.6M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.50 | $1.45 | $370.5K | 252.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3320 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 9116 | 3 |
View Market Depth
| Last trade - 14.42pm 11/06/2024 (20 minute delay) ? |
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Last
$1.46 |
Change
0.010 ( 1.36 %) |
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| Open | High | Low | Volume | ||
| $1.49 | $1.49 | $1.45 | 22127 | ||
| Last updated 15.03pm 11/06/2024 ? | |||||
| GHY (ASX) Chart |