Just an update on Jay's ball park figures (post rights issues);
Current MC = 48 million.
ASSETS;
1) 50% IFE = 33.5 million
2) 20% IFE free carry = 17 million
3) 100% S.A. ground assets = 5 million
4) ROL investment = 11.5 million
Total = 67 million
Holding stategic investments in prized and grossly undervalued assets and STILL trading at over a 30% discount to their CURRENT values!
Stagman
still highly undervalued by my figures..., page-3
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