TTC I agree its too much but take the $8.6m move it up and the 40% generates $5.7m @ a 12 pe thats $68.4m divided by $1.50 (sp) equals 45m.
I dont think its worth that and hence why I would like to see that happen later in the process and not earlier, in fact the $45m would be much more value to shareholders in plant development in USA.
If the sp is $3 than its half of that.
in all fairness, page-19
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34.0¢ |
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Mkt cap ! $142.3M | |||
| Open | High | Low | Value | Volume |
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| VYS (ASX) Chart |