aim - doesn't add up ..., page-14

Ok - But didnt they pay only $2.74 million?

Lets be very generous and say they got an absolute bargain because it is worth twice what AIM paid . So lets say they paid 2.74 million, its actually worth $5 million. I think this is generous because if it was worth more, then companies a lot bigegr than AIM would have paid for it, obviously a "resource" doesnt mean a profit. It has to be extracted which is another thign altogether.

So lets say the resource is worth double its sale value. So in effect, AIM makes $2.5 million...that is 1 cent of share value, as AIM as 268 million shares on issue.

SO I would assume even if AIM got the bargain of the century, the share price should have gone to just over 6 cents.

Anyway - i dont hold so il leave it..was just curious why it ran in the first place.