WFE 0.00% 2.4¢ winmar resources limited

Plant Valuation, page-10

  1. 64 Posts.
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    Depends on how much they value WFE. ASX market cap is (2.5B shares x 2.6c) $70M approx. So after the plant valuation and other factors say they value WFE at 140M, and then banks would underwrite the 2.5B shares at 2.6c each on AIM. That's a very simple example. So if they hadn't IPO'd on AIM then our share price would have doubled all things being equal. Any one want to add advice here
    Last edited by trader x: 16/03/19
 
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Currently unlisted public company.

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