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Ann: Proposed Transaction Update, page-26

  1. Aurelius1
    3,944 Posts.
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    17/01/18
    20:36
    Post #: 30385142
    This deal doesn’t sound that sexy. The market cap of euromaxes is 40 million and has been falling for a year while metal prices are rising. BMG are acquiring a few of their projects so after all the dilution you’re maybe looking at 15 million cap with a few million cash.

    I suspect it’s low grade too.
    BMG Price at posting: 2.1¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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