Yes Asset value but this value is going down every day with current platinum prices. Platinum prices will stay at this level as per routers article Kroondel end of life is 2018, half of Mimosa will sooner or later belong to the Mugabe you are left with worthless company
Just been looking at the value of AQP against its share price. NAV $ 0.27 / £ 0.185 ( 413m valuation / 1.5b shares ) with a share price of £ 0.13... shes trading at a 30% discount. I'm in quite heavy and underwater by 26%, but I'm encouraged by Nel purchases earlier this month, some positive remarks in the 1/2 year figures and a slim possibility of a special dividend ( though this will be a double edged sword ) I think I'm going to be sitting on this for another 6 - 8 months at least before an substantial rise to the 20p + Good luck & DYOR.
Surprised and disappointed this hasn't moved given these three sentences in the presentation that accompanied the Q2 results update:
- Group cash balance at 31 Dec 2014: $164 million - Two potential growth opportunities are being assessed, but we will continue to be disciplined, no growth unless quality of the portfolio is improved, no growth at the expense of quality - To the extent that quality opportunities are illusive and the company has excess cash it will be returned to shareholders
Aquarius Platinum Limited (UK) (LON:AQP) had its price objective lowered by JPMorgan Chase & Co. from GBX 29 ($0.44) to GBX 20 ($0.30) in a research report released on Friday morning. JPMorgan Chase & Co. currently has an overweight rating on the stock. JPMorgan Chase & Co. has also modified their ratings on a number of other stocks in the few days. The firm reiterated its overweight rating on shares of Vodafone Group Plc (ADR). Also, JPMorgan Chase & Co. reiterated its neutral rating on shares of Smith & Nephew plc (ADR). Finally, JPMorgan Chase & Co. reiterated its underweight rating on shares of GlaxoSmithKline plc (ADR). Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a hold rating and set a GBX 20 ($0.30) price target on shares of Aquarius Platinum Limited (UK) in a research note on Friday, January 30th. Analysts at Northland Capital Partners reiterated a hold rating and set a GBX 20 ($0.30) price target on shares of Aquarius Platinum Limited (UK) in a research note on Friday, January 30th. Analysts at Barclays reiterated an overweight rating and set a GBX 21 ($0.32) price target on shares of Aquarius Platinum Limited (UK) in a research note on Thursday, January 29th. Finally, analysts at Deutsche Bank reiterated a buy rating and set a GBX 31 ($0.47) price target on shares of Aquarius Platinum Limited (UK) in a research note on Thursday, January 29th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 29.36 ($0.44). Shares of Aquarius Platinum Limited (LON:AQP) opened at 13.00 on Friday. Aquarius Platinum Limited has a 52-week low of GBX 13.00 and a 52-week high of GBX 26.40. The stock has a 50-day moving average of GBX 14.65 and a 200-day moving average of GBX 18.28. The company’s market cap is £120.7 million. Aquarius Platinum Limited (LON:AQP) is engaged in mine development, concentrate production and investment. During the year ended June 30, 2013, the principal focus revolved around the operations of the Kroondal mine, the Mimosa mine and the Platinum Mile retreatment facility.
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