Thanks Guys for all the calculations. I'm also interested if anyone has given any thought to the likely share price if we get a payout. For example, If $45Mil was retained by POH after distribution then current assets would be somewhere near the current market cap. Assuming that the market does not equate any value to TPM potentially we may be able to make a comparison with similar stocks to POH.I.e. with no debt; cash in bank and similar number of outstanding shares. Very simplistic but might give us a ballpark figure. I think BD1 was used recently as an example. Current Assets $1.4Mil and current $0.322 Mil with about 830 Mil share outstanding. SP currently 4.6 cents.
POH Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
