MRE
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0.51% $1.96 metrics real estate multi-strategy fund

Jason, yes you are correct. There are 1,167 million shares I got...

  1. rocket973
    4,695 Posts.
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    01/08/09
    10:47
    Post #: 5457843
    Jason, yes you are correct. There are 1,167 million shares I got the wrong info from the MRE annual report. So yes we have 10% more shares on issue than I posted.
    I guess that we should also add in sales of Cobalt some 2000 tons pa. At US$15/lb
    So we can add another $80 million pa.
    But with the 40% to 60% deal with Glencore the closer figure is an EPS 16.44 cents per share.
    So I guess we're both were only half right.
    Thanks for the input.
    MRE Price at posting: $1.11 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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