EMS 0.00% 1.8¢ eastern metals limited

just found out from company listing did occur.Last price was E...

  1. 216 Posts.
    lightbulb Created with Sketch. 33
    just found out from company listing did occur.

    Last price was E 2.05.

    E2.05 * 11.14m share = E22.83m market cap for HC berlin Pharma

    E22.83m * 40% (which is EMS's approx stake inclusive of all subsidiary holdings) is 9.1m

    E9.1m / 0.52 (euro/$a) gives EMS value of A$17.5m

    $17.5m/200m shares on issue (not diluted for options)is 8.78c

    Therefore theorectical EMS vlaue is 12.5c (current)+approx 8.5c = 21c.

    cofident Berlin pharma (HCS) will go much higher) on release of more info
 
watchlist Created with Sketch. Add EMS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.