Arras Valuation The latest capital increase announced yesterday gives an idea of the valuation of Arras Minerals. SVB had distributed + - 35M Arras shares and yesterday's deal is for 10M. At a price of 1 CAD, Arras could therefore be valued at 45M CAD.
I had read that at the time of the distribution on September 24, the Arras shares were valued at $ 0.5. The subscription price for 1CAD is therefore very encouraging, especially since those who agree to pay it do so because they believe that the stock is worth more or will be worth more in the reasonable term. What do you think ?