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Regal, Sorry, but I don't understand your calculations. Why is...

  1. yanlin
    6,189 Posts.
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    21/08/19
    09:26
    Post #: 40069210
    Regal,
    Sorry, but I don't understand your calculations.
    Why is A40 now valued at $300m?
    Why divide this value by the current market cap?
    What is "share pool"?
    Where does the 0.8 number come from?
    In short, there's a lot of confusion out there. It seems the common mistake that punters on the A40 forum are making relates to the assumption that any contribution towards paying off the Tribeca debt somehow gets added to the value of A40 when, in fact, A40 will not see any of this money as it goes directly to Tribeca. A $40m debt will still exist for the shareholders.
    Last edited by yanlin: 21/08/19
    GXY Price at posting: $1.21 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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