VYS 0.00% 51.5¢ vysarn limited

rb milestone group....target price wrong

  1. 1,942 Posts.
    The report is a good one but the numbers are not correct. They have forgotten to add the options and the 12m placement shares into equation.

    Should be:

    87,548,000 shares
    12,000,000 placement shares
    27,445,000 options

    126,993,000 total fully diluted

    There for the NPV is $2.68 not $3.92

    Still good but material value difference
    DYOR
 
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