Hi Simon,
well done!
You are almost correct, it has been calculated by others on here that MMR share price should be about 8x the price of BUY.
If BUY = 14c, MMR should be $1.12
This is NET of the following events:
1. MMRO options exercised
2. MMR share purchase plan creates 30million new shares in the company.
3. MMR's share of PEL-11 falls to around 45% - after Advent have found a farm-in partner to share the drilling costs.
If you need, I'm sure we can find the relevant material, or someone can repost it.
Joel
- Forums
- ASX - By Stock
- MMR
- what am i missing something 3.22
what am i missing something 3.22, page-2
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MMR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.236M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MMR (ASX) Chart |
Day chart unavailable
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online