I like to use the undiluted mc, only because the diluted Takes into account all the performance shares, which is pre emotive at this stage.
So basic 143mil shares on issue @8.3 cents market cap of 11.8 mil. Take off the 4 mil in cash and we have an undiluted mc of 7.8 mil.
You'd have to be a little dirty on yourself if you sold your shares into 7 today, surely. But each to their own
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Start of the monster run, page-121
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