HGV 0.00% 5.2¢ hygrovest limited

Pre-Tax NTA, page-18

  1. 7,648 Posts.
    lightbulb Created with Sketch. 2953
    Yeah just to give people a general understanding, every 1 cent MMJ moves = $ 2.3 million AUD in market cap, so seeing as MMJs HVT holdings last night added 14 mill to our market cap, 14 divided by 2.3 = 6 , meaing if we were moving directly along with our value we should be adding 6 cents MMJ price today, only 2 added so far, very undervalued, without the CR over our heads we would probably be more in line with value, but with market aware that a capital raise is coming why would they invest when holdings would be diluted, however if HVT stays at these levels or even has big runs back up to $2, then we would probably explode too much value in it even with a cap raise looming.
 
watchlist Created with Sketch. Add HGV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.