RGT 1.79% 28.5¢ argent biopharma limited

See pages 12 (Balance Sheet) and 21 (Note 8) of the Interim...

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    See pages 12 (Balance Sheet) and 21 (Note 8) of the Interim Financial Report dated 31 Dec 2016 released to the ASX on 28 Feb 2017.

    (1) Net Asset figure less: Intangibles = $9,991,302-$7,077,351=$2,913,951
    (2) Shares in issue = 918,959,855

    NTA = (1)/(2) =$2,913,951/918,959,855=$0.003171 or 0.3171 cents per share
    (notice carefully the decimal places)
    .

    The multiple of 94.6 times is your 30 cents per share divided by NTA 0.3171 cents per share
    = 30/0.3171=94.6 x

    All calculations based on your definitions.

    Please DYOR. E&OE
 
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