MMG 0.00% $5.00 mmg limited

coming back to earth, page-10

  1. 1,845 Posts.
    My comment about negative Ev of the businesses was meant to show how absurd the share price is. How can two businesses which make about 20cpu each year be given a negative value, when all the debt is non-recourse.

    A buyer could pay $1.60 per share and receive 2 businesses earning about 20cpu, or $50 million pa, for nothing. Hence the market currently values the two businesses at negative 25cpu.
 
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