MOO 0.00% 0.2¢ monto minerals ltd

One can always put their own spin on things, currently the...

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  1. 5,152 Posts.
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    One can always put their own spin on things, currently the Management of MOO put the value of Shareroot at around $7m.

    One of the concerns here is that technically the ownership of Shareroot goes from two to
    340,774,573 post consolidation based on a 45 to 1 consolidation and a full cr of $8m @ .05.

    So even if we use .001 as the sp prior to Shareroot announcement in June our Market Cap was $1,834,856 - so we will use .003 for calculations meaning MC prior to announcement was around $6m. Shares on issue after consolidation 340,774,573 if we only use 5 cents as the sp then the MC will be around $17m - so Shareroot needs to be at least worth around $11m.

    Another concern is the lack of information on what is going to happen the current assets held by MOO
 
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