Royn what do you mean by - "Cost of acquiring AKI = 72.2m / 3.09 = $23.36m"
I cannot recall what CFE paid for DMC but they did sell it to AKI for $47mil plus 120,000,000 shares in AKI plus a $1 per ton royalty. (Which they retain through this transaction) Initial intent of AKI was to ship 5mil ton in the first year alone, then increasing.
The 120,000,000 shares was added to by CFE with on market purchases and that may now be sold for $72.2 million.
So 72.2 mill + $47Mil + $1 Royalty is what CFE have got for DMC. Which = $119.2 million Plus the ongoing Royalty. So your Net Profit of $48.84million does not look correct to me.
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