BOD 0.00% 2.4¢ bod science limited

Greetings BODites:I would be interested to hear opinion on...

  1. 1,212 Posts.
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    Greetings BODites:

    I would be interested to hear opinion on valuation of the enlarged BOD entity now the Allied (reverse) takoever is complete.

    A word of caution to those new to the stock: some stock info sources may persist for a while yet in publishing out-of-date capital stats for BioMD: ComSec for example still displays BOD as having a market cap of $9 Mil (129,000,000 shares oustanding).

    The updated Appendix 3B from last week correctly lists 564,000,000 shares on issue - there are also 84,000,000 BODOA oppies @ $0.04 (Dec 2011) to be factored in.

    On the plus side, post-Allied the dilution from BODOA oppies conversion is much less proportionally now that it would have been without the Allied share-issue.

    Current fully-diluted market cap therefore over $40 mil by my reckoning.

    What do we think Allied/BOD is worth?

    P.
 
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