Here’s a thought, based on Slide 9 of the subject presentation, and a negligible difference in EBITDAX;
FY2015 Value
Total Assets + Cash – Debt = $42.7M which is equivalent to a 9.4c share price
FY2016 Value
Total Assets + Cash – Debt = $80.5M which is equivalent to a 17.8c share price
The above is obviously a very rough way to look at it, and doesn’t take into consideration risk, potential upside, future earnings, etc but still interesting.
Here’s a thought, based on Slide 9 of the subject presentation,...
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