valuation: not rocket science, page-2

Sleuth6...

ODY has become a MAE derivative...which has thrown up a new equation ofr MAE holders.

Based on 58m ODY shares, for every 1 ODY share bought, you get .474 MAE shares.

Example...

Sell 10,000 MAE @ $1.17 and you can by 26,000 ODY at 45c.

26,000 ODY x .474 = 12,324 MAE shares.

Thats an effective 27% position gain on the transaction, further, you maintain your MAE exposure whilst gaining additonal exposure to what ever else ODY have.

Also, given the level of consolidation in this sector right now, if MAE were on anyones shopping list, a wonder down the isles at ODY might be attractive.

Cheers!