What price...?
We know from past correspondence that Peter Dykes thinks the company is worth $785 per room, but if you said this company would sell for $20m to anyone on this forum, you would be committed to the mad house.
The current market cap is $2.1m When the share consolidation was completed a couple of weeks back the market capitalisation was approx $6m
I guess we will just have to wait another 24-36 hours but for me, the margin on the sale of my shares versus my cost base should be terrific. Bring it on!!!
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entertainment media & telecoms corporation limited
yippee...takeover confirmed, page-3
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