1. court costs? = $2m?
2. what grimaldi sold his mmx shares for ~ $4? = $40m
3. ?24% of account of income????=?????
Taking into account possible $9 million debt to ipl
This should put a fair value on CHM of 2c + ????
That is a base cash asset of 2c per share
then add on whatever you think CHM won from MMX
This seems to be exactly what the market is saying
Buy at 2c
Rumot
