MOO 0.00% 0.2¢ monto minerals ltd

Hi ddzx, I don't hold but have been watching this one and...

  1. 2,861 Posts.
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    Hi ddzx,

    I don't hold but have been watching this one and looking for the best entry point like you are.

    Post consolidation, there will be 277M shares on issue and the company will have $4m+ cash.

    This means that if it recommences trading at 5c then that'll give the company a market cap of $13.8M with $4M+ in cash.

    That sounds ridiculously cheap and might recommence trading a lot higher than the CR price of 5c?

    I'm surely missing something or have my numbers adding up incorrectly???

    Thanks.

    GB.
 
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Currently unlisted public company.

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