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3,772 Posts.
1117
27/04/16
10:27
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simple math:
49% is therefore worth $211M USD = AUD $274M @ 77c USD:AUD conversion
our current market cap is AUD 151M, of which more than half IS CASH!
just on market cap alone (ignore cash), we should go from $151M to $274M fair value....(181%)
share price needs to go from 7c to 12.7c as a HIGHLY CONSERVATIVE minimum!
above doesnt even factor our massive USD cash balance! adjusted for that, we should be north of 15c on FRIDAY!!!
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