EXT 0.00% 1.1¢ excite technology services ltd

kah in london, page-12

  1. 798 Posts.
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    BlackEos1, 234p for KAH equates to $8.60 for EXT.

    Calculations from a UK investor on another site:

    "Following exercise of options, warrants and loan notes there would be 266.0m Kalahari shares in issue. So Kalahari's market cap. (?m) = 266.0xshare price (SP). Also following that exercise, I calculate that Kalahari would have around ?45m of cash. Kalahari's NRRP holding is currently worth around ?8m, so the implied value of Kalahari's Extract holding = 266.0 x SP - 53.

    That holding comprises 107.3m Extract shares, so the sterling value per share = ((266.0 x SP) - 53 )/107.3. Multiply by A$/? (currently 1.62) and you have the implied Extract SP."
 
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