The company is only worth a known something if it has has trade liquidity like is say we were a listed company
we aren’t, private companies go at a huge to discount compared to listed companies
I see your trying to determine value
at this point, they are burning money, they have zero value while they increase debt in the hope they can break even.
obviously shareholders hope to re list
but if you were John or hartree would you want to now?
not now is the , answer, and even if this thing floats and doesn’t go broke, It will be Hartree looking to add value on a re-list and over 6 months - 12 months they will try to slowly exit at a listed premium, causing suppression of share prices for that term.
MYL Price at posting:
70.0¢ Sentiment: None Disclosure: Held
