Anyone care to value the CLRS? In the event of a takeover (like when Imdex were keen on a merger) or selling the item outright?
I am not sure how much has been spend on it, but I would want that back for a start.
The company was valued at $28.4 million back in 2009 by Imdex. We have spent more money on it, would $40 million cover it? would expect more? $50m or $40m plus royalties?
This is me dreaming I guess with the share price so low, someone might put in a bid. Not sure if they would accept it being Bill and Damian's dream.
The CLRS has promise yet hasn't earned the company a cent, with that kind of money could build and equip at least 5 GT3000's.
CKK Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
