XEC 2.32% 2,178.7 s&p/asx emerging companies index

The ASX Casino - Weekly Shell List, page-2794

  1. 2,689 Posts.
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    WMN

    today's ann means more cash at 0.1c level from the con note holders
    with an out of the money option at 0.15c (50% premium) i'm most definitely ok with that , it is much more attractive than the original 0.0075c con note structure.

    assuming con notes are equivalent of shares and ignoring the out of the money attached oppies, and assuming they will handle the rest of the shortfall at the same price,

    I've now got WMN at around $3m market cap, $2.4m cash with $600k or so EV

    (please do your own research to confirm this approximate valuation)
 
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