KSX 0.00% 1.5¢ karmelsonix ltd

Thanks Decan. I did look at this but it is difficult to come up...

  1. 3,124 Posts.
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    Thanks Decan. I did look at this but it is difficult to come up with a fair valuation of the company. About 481 million shares (I didn't consider options that have not yet been exercised as who knows what the market cap might be when this happens) means that I value the company above $24 million. Considering the projected cash flow I don't think this is unreasonable.

    I'd be interested why you feel the current cash position of KSX is IMO dubious
 
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Currently unlisted public company.

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