My understanding is that now the share sale agreement for Maldon has be completed all revenue generated goes to AYC alone. ORS has a large equity share only, and assuming AYC becomes profitable and their market value grows, the ORS sp should rise as well. Currently ORS valued at 2-3mil for around 35% holding of AYC so yes you can argue they are undervalued.
My understanding is that now the share sale agreement for Maldon...
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