I must admit to expecting a higher price. Disappointed in one respect, but on another small resource companies like this require efficient access to capital from time-to-time.
We get over it an move on.
The new metrics?
Well at 27 cents and assuming NO VALUE for rum we're trading at a crazy $26 E/V (assuming $11m in bank and 233m shares on issue). RMS next door is trading by my calcs at roughly $53-ish. They would be incredibly stupid not to be looking at AAG IMO at current prices.
JT
AAG Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
