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10,810 Posts.
151
28/11/10
14:30
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11,700,00 Advent shares at a perceived value of say $1.50c which IMO is fair at this point .
9,700,00 MMR shares at $1.08c
7,300,00 MMRO options at 89.5c
6,700,00 BPH shares at 15c
Add
$17.5M , $10.5m , $6.5m , $1m . Total $35.5m
Divided by GBA shares issued .... 28 million
EQUALS $1.27 per share .
THIS IS STILL A 50 % DISCOUNT TO GBA's worth .
This does not include the value of the actual business GBA is involved in IE:
Corporate/IPO business dealings .
OR their yet to be listed bio investments .
These figures are rounded off but you get the idea .
The phrase NO BRAINER comes to mind .
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