Good estimate Lash. In terms of an investment view, I sourced a valuation summary in January this year which valued Ramu at 97.1 million and Freida at 25 million for HIG so that's significant.
Re the share price now, it looks like a bit of consolidating and profit taking is going on at the moment with the share price now settled in the 16-17 range. It will be interesting to see what unfolds for the rest of today. One thing is certain, the share price will trend upwards in weeks to come.
HIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held