hi cp82, from memory, there will be about 147m advent shares post book build....thus, each gba share gets you approx 0.46 of an advent share which is the largest exposure per share of the options available because gba will have around 15 million advent shares and only 32 million shares of its own. a likely re-rating will occur when the book build price is known and then, keep in mind, that's what prof'l investors are prepared to stump up pre-spud.
obviously, the tax free status of mmr is compelling for shorter term trading and mmro, gba, bph and buy for longer term. they each have pros and cons...research well cp82. i have the first 3 because, in the event of success, the upper end of even a conservative stock price prediction won't be achieved in a week or two. if you look at any massive multi bagger, it takes many months and in some cases years to reach these values because all that mulla must come from bank accounts in a long winded uptrend after an initial surge. certainly, a big kick could come from a future joint venture partner buying in at much higher prices when de-risked or even a take over for that matter....methinks they'll be queing up. just my humble opinion. please correct me guys, if wrong. luck to all, dcob.
GBA Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held