MOO
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0.00% 0.2¢ monto minerals ltd

Ann: Monto Commits to Acquisition of Rapidly Expanding ShareRoot, page-404

  1. Green Bull
    2,861 Posts.
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    18/09/15
    14:25
    Post #: 16017924
    Hi ddzx,

    I don't hold but have been watching this one and looking for the best entry point like you are.

    Post consolidation, there will be 277M shares on issue and the company will have $4m+ cash.

    This means that if it recommences trading at 5c then that'll give the company a market cap of $13.8M with $4M+ in cash.

    That sounds ridiculously cheap and might recommence trading a lot higher than the CR price of 5c?

    I'm surely missing something or have my numbers adding up incorrectly???

    Thanks.

    GB.
    MOO Price at posting: 0.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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