Hevlet, I believe you are only valuing the Aim listing in those figures, so that is on top of whatever value already exists in NWA (seems to be about 2c from recent trading) - so a fair assumption is 2c plus the value per IPO price for afterwards - with any extra news to also be factored in.
I see a 10c share coming fairly fast once the anns start flowing....have to see how the IPO goes - and take it from there.
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