If jfc's valuation is about right then we can build on it.
QAD holds 6.35% of Iridium
The value of QAD's holding is therefore 6.35% of jfc's conjectural valuation of $500,000,000 = $31,750,000.
There are 453,000,000 QAD shares issued.
Therefore Iridium is conjecturally worth 7c per QAD share.
QAD
quadrant iridium limited
If jfc's valuation is about right then we can build on it. QAD...
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