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0.00% 2.6¢ advance metals limited

PAK paid $1.25m for a 20% stake in Imagine IM valuing Imagine at...

  1. kenmrob
    148 Posts.
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    21/06/16
    15:15
    Post #: 18084816
    PAK paid $1.25m for a 20% stake in Imagine IM valuing Imagine at $6.25m.

    Market Cap of PAK is $18.59m today according to HotCopper.

    Is the market valuing the coal assets at $12m or has the share price run because of speculation on the potential of Imagine?

    I purchased at 5c in April and while I am obviously happy with the fantastic share price growth, I am just trying to understand what's behind it and if it is sustainable considering the 20% purchase has valued Imagine at $6.25m.
    PAK Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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