CORRECT MY SUBTRACTION.. [hopefully need to correct again after today when AMM rises some more.]
- I think you need to take out value from IINET seperation before x 3 . I think this was about 12c/share before consolidation...
My rough (please correct} 0.38 - 0.12 = 0.26 x 3 = 0.78 after consolidation.. (If this is how it goes - rough)
Keeping current profit guidance (UP 25%) but also need to add profit from the realisation of the IINET shares sold last week.. Think the gross was about $12.5 mill - so take out cost.. maybe ave cost of these IINET at $1.14......
What do you think??
Anton.
distribution of iin shares, page-10
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