Expert suggests well undervalued, but we all knew that. Wonder...

Expert suggests well undervalued, but we all knew that. Wonder if we will get a trade today after this announcement 

8.31 We have relied upon the net assets on a going concern basis as our primary methodology. We considerthat the relatively low liquidity of MRG’s shares may have distorted the overall value of the Company’squoted share price.

8.32 Notwithstanding the low liquidity, we note that MRG’s share price was trading primarily in the range of$0.008 to $0.010 prior to the announcements on 24 August 2018 and 27 August 2018. Subsequent to theannouncements, which related to Trophosys seeking orders to restrain MRG from entering into directnegotiations with Sofala and Sofala’s desire to no longer engage in negotiations with Trophosys and MRGin respect of the Proposed Transaction, MRG’s share price fell to a new low of $0.004 and hassubsequently been trading in the range of $0.004 to $0.006.

8.33 We have therefore assessed the Market Value of an MRG share on a non-controlling basis to be in therange of $0.009 to $0.014, with a preferred value of $with a preferred value of $0.011 on an undiluted basis, and $0.009 to $0.012,with a preferred value of $0.010 on a diluted basis.