"You talk of AVB management being so excited. Have you spoken to them? If so can you elaborate?"
Home Brand,
Some of us pick up phone and chat with Co people.
Whilst I did not go into any detail as has been presented here, that is the general timetable I got.
I guess as time passes they get more specific with their timetable.
I was also directed to read the original prospectus. I am in process of doing that but what HGzone wrote seems very plausible. THose numbers re valuation are my guestimates and were describes/qualified as "very rough". Figures are mine and their purpose is to put some sort of $ value as a first pass.
Re risks: I guess those who can think around the issue of risk and are correct in assessing them as being lower than what the market perceives are more likely to benefit the most provided they get it correct. Here in lies the challenge. You assess them and please share your view.
cheers. But for 2.8 c per share I am confident the company is significantly overvalued.
cheers
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