I've done some very dodgy sums on this - DYOR. Would be nice if management would provide some guidance. These sums assume all goes ahead as planned tomorrow, which is definitely not the case at all.
I get an NTA based on current forex, but adjustments to dec 31st balance sheet of 97 cpu book value. If asset values were overstated by 10%, or have reduced by 10% since then - then 81 cpu book value. I think epu will be about 10 cents per annum.
Make of these calcs what you will!
MM
MCW Price at posting:
61.5¢ Sentiment: None Disclosure: Held
