"Despite that, they still slapped a handy $5.9 million value on it (2.72c per share) and when combined with the NTAV of 8.11c per share, we are looking at a base share price that should be around 11c."
Just to avoid any confusion, the $5.9 million I mention above, represents a "valuation increment" only.
The overall valuation naturally, is $11.8 million.
Some rather handy 'asset backing' for a chunky leasing loan, wouldn't you say?
Remove that funding cloud and the game suddenly changes kids.
Gottaseethebankmanager...
45%....75%....30%...., page-34
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12.0¢ |
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Mkt cap ! $50.18M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.0¢ | 11.0¢ | $9.777K | 86.27K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3923 | 11.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 256575 | 6 |
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