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  1. SaintCat
    7,418 Posts.
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    14/05/21
    16:49
    Post #: 53185733
    They have 1.7b shares on issue so don’t think those figures are quite correct - I think cash backing is around 1.2c per share?

    20m for a 19.9% stake values the company around $100m which is around 5.5c per share

    MC at 3.7c is $62.9million if my sums are correct
    MDX Price at posting: 3.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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