I share (and even encourage) the recent despondency surrounding the dgr stable, but ajq really are good value right now, assuming the MacArthur spin-out works as described. For 3.1 cents you get ~2 cents worth of MacArthur shares, plus a $40 million cash injection into ajq. What faith I have says these MacArthur valuation numbers have been run by some experts and are roughly achievable. Looking at their assets MacArthur compares well with other similar companies, so a listing @ $100m-ish seems plausible to me. Now for the execution... (of the plan, or of management...happy either way.)
- Forums
- ASX - By Stock
- Ann: Proposed Amendments to Secured Amortising Notes
I share (and even encourage) the recent despondency surrounding...
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJQ (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.31M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
AJQ (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online