my numbers have GBA undervaluedAdvent shares were sold for $1.25...

my numbers have GBA undervalued

Advent shares were sold for $1.25 each

if we use Talbots 9.57% holding, there are 146m shares in Advent

Advent is valued at $183m

GBA indirect share is 12.7%

Values GBA at $23m

GBA has 32m shares on issue

GBA value is 72 cents per share

MMR has 53% direct interest

MMR valued at $97m

203m sharess & options

value is 48 cents per share

multiply by 1.58 for tax free status

MMR is worth 75 cents per share, based on $1.25 placement by Advent

my numbers may be wrong

DYOR