If you look at the Cashmere accounts, shares have traded at $0.70/share. so I would use that as the fair price!
That would then value MMX's Cashmeer holding at $7m rather than the $2m book value!
Hence why I see the upside in MMX! (Either through selling the cashmere stake or participating in an IPO of Cashmere)
- Forums
- ASX - By Stock
- Ann: Murchison Shareholder Update
If you look at the Cashmere accounts, shares have traded at...
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)