re: Ann: Media Release - Quarterly Activities... "To asertain whether this is a fair deal it is necessary to comapare what 26% of Megamine is worth in its current form as opposed to what 74% is worth in its new form to GDO holders plus savings associated with avoiding an IPO. This is a key point IMO.
Currently it is obvious to most here that Megamine is contributing no value to our current market cap."
Stef,
This is absurd.
You see "no value" in megamine and subnigel going into the pot?
I showed how subnigel alone has fair value alone of 80m effective mkt cap, pe 20 with 4m earnings.
How do you calculate fair value for subnigel?
Is this also worthless?
Calculations please!
Mav
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