Rockett, I'll be very happy to be proven wrong on the upside. If AAM raises the full USD100m and the mezz loan is approved by Macquarie then I would expect the SP to be > 20c. Maybe 60c at a stretch when the plant is up and running and HPA prices remain high.
Gotta remember we will only get 51% of the projected EBITDA the company has modeled.
I do think if all the ducks eventually line up, we will get a market re-rate and the SP may run hard.
Bring on 2020 and may it be a very happy and prosperous new year to all ( especially long-suffering Altech holders
)
