In the release "they currently have a book value of $5.1m" they are being sold for $10m. That's 0.93c/share gain less capital gains tax... Given the market only went up 0.8c today probably reflects they actual gain...
Still trading at a massive discount to NTA, problem has been the massive delays in the Whey plant leading to a loss of faith in management. Fingers crossed this is turned around and we are off to the races..
PBP Price at posting:
44.0¢ Sentiment: LT Buy Disclosure: Held
