BBY Limited issued report in September 2008,putting a valuation of 62cents/share on Thundelarra.
Since then Thundelarra's investment in Company UMC has skyrocketed.
Using BBY's previous valuations and with current valuation for UMC,Thundelarra should be @ 93cents/share but are trading @ 53cents/share?
Break-down of value:-
Copernicus 15 cents per share
Exploration 22
Net debt 06
UMC etc., 50
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Total 93 cents per share
