hi lakshimi,
no it doesnt mean the share price is undervalued at all. the agreement between the 2 parties was finalised back in april i think and the share price back in april was 1.11 pounds. if you look on the AIM website the share price is no different to ASX's once the currency is converted.
am i the only one who knows, page-7
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Last
15.5¢ |
Change
0.015(10.7%) |
Mkt cap ! $73.79M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 15.5¢ | 14.0¢ | $3.72K | 25.10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5458 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 58853 | 2 |
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| MCM (ASX) Chart |