AGS 0.00% 17.0¢ alliance resources limited

Ann: Return of Capital-AGS.AX, page-40

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  1. 28,706 Posts.
    lightbulb Created with Sketch. 237
    the math

    currently 417M shares

    currently $24.5M in cash or 5.9 cents per share

    after $2M acquisition of Wilcherry Hill = 5.4 cents in cash

    if buy 19.9% of TYX at 4 cents = 4.6 cents in cash

    after capital return = 2.6 cents in cash or $10.5M at 31/12/16

    .........
 
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