BTV batavia mining limited
Add to My Watchlist 2.33% ! 21.0¢

net tangible asset backing, page-6

  1. Marc111
    2,670 Posts.
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    02/06/09
    17:56
    Post #: 5233870
    I think that BTV should give the 30million shares in WME to the shareholders. 1 WME for every 4 BTV shares. This would raise the share price to a level which it should be.

    Still would leave BTV with $12.5million in cash and $10million owing to them.

    Thoughts?
    BTV Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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