A buyback would cost to get it to 187million shares, because 187 is 1/15 of the total amount
so therefore 280,000,000 x 14/15 = $261 milion to buy back by the company at 3.1 cents
But getting back to our previous calcualtion, mine and even yours at 40 odd cents value, just
shows how undervalued the coy is compared to MiN.
There must be other factors we have to consider that would influence our calculation.
For example you did not mention how much profit MIN made in the last year but you mentioned
AGOs.
AGO Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
