Hi all,
Am I missing something here? If shares are issued at 4 cents to partially retire debit, I can I not be very confident that such a figure is assessed - by those with far superior stock analysis skills than I - to be a fair, if not conservative valuation?
Therefore surely anything that can be acquired below that value now is a gimme....?
The way I see this is that those owed must have seen a considerable upside to the 4 cent price to agree to it.
Would appreciate anybody's thoughts on this matter....
4 cents
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