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21:28
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Originally posted by Muad'Dib:
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You are thinking about market cap the wrong way.Limited (ATC) is effectively just a holding company. Altech Chemicals Australia Pty Ltd owns the entire project. Pty Ltd is being sold to AAM by ATC for USD100m leaving us ( ATC ) with 51%.(ATC) market cap at (51/49) x 100m = USD104m = AUD148.84m ( 1 USD = 1.43AUD).Pty Ltd at USD204m or AUD 291.7m.If the full USD100m is raised it should see the ATC SP rise to close toward 20c.
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I have to agree to disagree, but i agree with most of your post MD, except for if or when the 100M is raised by AAM, i reckon the sp will be triple to your prediction.
