With the demerger of CO2 from SFG the shares were valued at $00.0023.
having said that SFG made several notes in their annual reports to the valuable contributions that CO2 made and that as a profitable business added to the bottom line for SFG.
We can assume that in the 12 months since the demerger the company has continued to make a further profit and when added to the $419k cash and 3.86 mil assets at the time of demerger there would be an increase in the $/share value add to this multiple for earnings and good will etc there should be an increase in our cost. also as the directors (who are also the same as SFG ) own about 500 mill shares between them are keen to maximise their return. If we get a measly 1 cent return it would equate to nearly 300% and no fees involved.
looking forward to further developments.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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0.3¢ | 16347915 | 12 |
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20 | 72035026 | 0.001 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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0.004 | 2824792 | 10 |
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