Not sure I get your calculations here Shadyjames....
Star Bright is buying 60% of the new company for $18 million meaning the new company has an implied valuation of $30 million (10%=$3 million)
1% = $300 000
Admedus has 29.1% so 29.1 x 300 000 = $8 730 000
Ann: MOU signed for Admedus Vaccines, page-51
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$18.00 |
Change
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Mkt cap ! $346.0M | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.10 | $17.70 | $58.64K | 3.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 109 | $18.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.10 | 700 | 1 |
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