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3.33% 2.9¢ morella corporation limited

Ann: Response to Speculation, page-594

  1. KingKong166
    757 Posts.
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    19/03/18
    22:32
    Post #: 31870627
    According to the ann, Huayou already paid JRO 100 Mil CNY (20 Mil A$) as deposit to pursue all AJM shares held by Furui holdings(17.4%).

    May I assume generally deposit is 10%, so the overall deal will be 200 Mil A$, and diveded by 306,000,000 is approx. 65 cents.

    Alternatively, does this mean at least, AJM shall jump to 65 cents?
    AJM Price at posting: 48.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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