ORC orchid capital limited

182 per cent above book value

  1. 321 Posts.
    Book value (Jiva Kata) is A$500.000

    They get:
    608.000
    +800.000
    ----------
    1.408.000

    That is 282% !!!!

    or +908.000 = +182% = A$0.005 p.sh.

    at an est. low P/E of 3 that is +A$0.015 or
    at the curr. share price (0.044) it should go to
    0.059 (+34%)

    ---------------

    Please tell me whether I am right or wrong!


 
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