SP , Could you please help me a little further as I am not too...

  1. gazelle13
    768 Posts.
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    12/11/08
    12:30
    Post #: 4490515
    SP , Could you please help me a little further as I am not too flash with fundamentals .

    I am trying to calculate the net asset value NAV of GLM .

    No of shares on issue : 148,843,893 x .09 = 13,395,950
    Subtract Liabilities from 13,395,950 ( looks like they 0 liabitities )

    Divide 13,395,950 / outstanding shares 68,129,893
    = 19.6c per share . does this look right , thankyou

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    lightbulb Created with Sketch.  Great analysis
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