AHS valuationis not far off although there's another 30m in receivables>payables which gets us to 11c per share. I also agree the call option value is dubious.
The real issue is the boats, are they 500m, 200m or 50m. I don't know and the banks probably won't either so they will extend the credit which brings us back to why the market at 23c. MMA still has a long time to turn the ship around pardon the pun
AHS valuationis not far off although there's another 30m in...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
