In terms of a valuation for Synergy, it would depend on what other assets they can 'acquire' I agree, there would be a massive rush for the exit @ .20c, myself included.
But hey, there's an iron ore project in Cameroon which is going cheap at the moment..
I don't understand the last point regarding distribution not conditional on listing. Just because KOR did something does that mean that every company will change statements mid action? They are saying the distribution is 'not conditional' on listing so that means its 'not conditional'. If this is stated when the deal is put to a vote then that's what it is..
In terms of a valuation for Synergy, it would depend on what...
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