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FM3 firstmac mortgage funding trust no. 4 series 1-2020

Thx mate yep that all makes sense to me. And yea I made a...

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Noobtrader1

697 Posts.

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03/03/21

13:36

Post #: 51483854
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Originally posted by Corgi: ↑

For clarity, need to distinguish the difference between the Sale of an Asset and a T/O Bid of a listed company and that the sale of an asset can happen without a T/O, or involve both, it can get complicated and there is no point speculating on this matter yet.

From an Asset valuation perspective, Noob's rough calcs aren't far off, ofcourse, subject to the confirmation of the Vendor's stake, which we find out next week.

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Thx mate yep that all makes sense to me. And yea I made a mistake and undershot the soi calc.
I fully expect they have an agreement to go to 85% otherwise I don't see why tso would do it.. well that's wat I'm hoping anyeays. And obviously my calc dosnt allow for any expansion etc. Just am elementary value of jv asset Bring on the alteration zone assays yew.

FM3 Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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