there will be @1.8B shares on issue if a buyout come. So @1.2B usd would see us at @$1 aud a share. Therefore 6.5b about @ 5 aud
With a low number of shares only 180M nasdaq i would hope investors over there quickly do the math and give us the MC/SP we deserve. Joel stated at a meeting he believes the edison valuation of .67 here is low so.... i am looking forward to being valued againt our peers.
IHL Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held