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30c is only $7.5M MC, page-6

  1. makattack
    34,916 Posts.
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    19/02/15
    11:32
    Post #: 14782613
    They based that on 10c per share in cash (which is obviously going to be spent) and 30c in a JV potential which is purely an arbitrary figure. 10c for the cash and 10c-20c for the JV potenntial sounds reasonable. No doubt the scenario now is a lot better for investors than it was before this restructure and sale.
    MBT Price at posting: 29.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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