That's a good point, bagasas.
Even though MEL is under valued(IMO)I guess we could use their share price.
This is only just a reference, and is probably wrong, but here we go.
Mel
1P-2.7
2P-397
3P-2239 = 2638
MEL share price @ 57c / 2638 = 0.021c.
Rog
3p-179 times 0.021c = 0.037c.
Of coarse there is plenty wrong with this Calc, but it does seem to show that the high we had may have been justified.
what is the announcement?, page-49
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