MKO 0.00% 7.0¢ metaliko resources limited

Gold Micro ready to explode, page-450

  1. 1,816 Posts.
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    That's also interesting. MKO implied value is $0.104 based on EAR price of $0.26, however today 15.55 million MKO shares traded at average of $0.091, less than 1 EAR / 2.5 MKO.

    Aside from the fact EAR only have $3.5m, maybe it could make sense for EAR to buy these shares and cancel them after the takeover is completed and we would all be better off.
 
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Currently unlisted public company.

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