We are still at square one regarding some type of valuation.
What is the value of remaining unsold 375,000 cts?
If we take $25 per ct as a base guide from this auction = $9,9375,000 US dollars, or $12,240,937 AUD.
That's all we can basically assume at present.
Puts MUS Market cap around $122M, assuming a PE of 10 and that places MUS around 15-17c a share.
We await the markets reaction.
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We are still at square one regarding some type of valuation....
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