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28/09/15
21:20
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Originally posted by Fibonarchery
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Just because it was once worth $3 million, doesnt mean it is still worth $3 million
I once held quite a few shares in SYR at 8c
Just because KTE havent revalued them on the books, doesnt mean they havent been intrinsically revalued
If KTE's stake in Mears is only worth $3 million, that implies Mears will IPO on NASDAQ at US$25 million, which is not possible.
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I was using the $3 million figure which oggede came up with, from his comparison to Aqua Metals, in his detailed post earlier on in this thread.
From what you wrote last week on the STT thread , Fib, you have a huge position in KTE.
Good luck with it, as it is a multi-----baggers hunter's play with 5 gold stars.