JPR 4.00% 2.6¢ jupiter energy limited

biodeisel announcement out, page-66

  1. 7,611 Posts.
    re: biodeisel ann up 22.2 percent Colonel , thats one way of looking at it ..

    Analogue company MBT is valued at $125m , 36% of $125m is $45m divide by allocation 1.7 shares= $26.5m ,,,, value of residual shell = $10m (pre-nu deal) ... Enterprise value = $36.5m.
    Current JPR mkt cap =81m shs x .165 = $13.36m

    Ok there are some more placement shares to come , plus likely dilution from oppies conversion , but still half price at these levels ... imo.

    Comments , Comparisons , Critiques and Caarnts welcome ;))

    SALTY
 
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