Based on the half yearly balance sheet the total equity of this company gives it a value of 20-21c share price ... hopefully instos drive this baby down for a few more weeks.. Gives us all some more buying opportunities..
The Fair value of this asset is roughly: $160m... Divided by the shares on issue which is roghly 770m...
Definitely under trading when you multiply current share price by the shares on issue.
A healthier balance sheet to come early 2016...
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Based on the half yearly balance sheet the total equity of this...
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