Morning Johnno,
Based on the CR and Advents set value of just under 200mil
GBA is just a tad undervalued right now (very rough calc i know).
We don't know the final % figures of GBA's Advent exposure
through MMR, BPH and direct holding but would think in the region of 8-9%.
That would value GBA at roughly 17-19mil.
Your thoughts?
Cheers
Shaka