Back of the envelope calculations by David on the value of MLM suggest it is seriously underpriced right now.
MLM at 22 April 2010
Using 114 million shares
CASH 10.2 million 8.9cps
MTE 80 million shares at 36.5cps= $28.8 mil 25.2cps
CBX 38.5 mil shares at 50cps= $19.26 mil 16.9cps
PMQ 45.3 mil shares at 9.5cps= $4.30 mil 3.7cps
ORM 11.6 mil shares at 7.0cps $.81 mil 0.7cps
TOTAL 55.4 cps
Add to My Watchlist
What is My Watchlist?