AMM 11.1% 1.0¢ armada metals limited

distribution of iin shares, page-9

  1. 1,048 Posts.
    lightbulb Created with Sketch. 138
    Yes - I think you need to take out value from IINET seperation before x 3 . I think this was about 12c/share before consolidation...

    My rough (please correct} 0.38 - 0.12 = 0.24 x 3 = 0.72 after consolidation.. (If this is how it goes - rough)

    Keeping current profit guidance (UP 25%) but also need to add profit from the realisation of the IINET shares sold last week.. Think the gross was about $12.5 mill - so take out cost.. maybe ave cost of these IINET at $1.14......

    What do you think??

    Anton.
 
watchlist Created with Sketch. Add AMM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.