we should more than likely get a re-cap price of around 80% of NTA after Mezzanine dilution
Why? cause Neil Werret. The managing director also owns 500,000 shares... he too will want a good price for the shares.
Consider this: if revaluation increases by 5%, then NTA after dilution will be $6 or re-cap of $4.8 sound about right.
We are not going to get 5% increase in revaluation, we are likely to get 10% increase over the next 18 months.
lets be greedy and ask for $5 ;)
- Forums
- ASX - By Stock
- GJT
- re-cap price
re-cap price, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)