Novariant info anyone ? AJX has approx 30-35m of liquid assets (with little debt ) , will equal .33-.35c per share of new co
ajx 50-55 m year revenue / nov 30m year revs
If they can make 3-4 m a year , I would value this thing at .80-.90c share (assuming 40-45m liquid assets / 5% on 3m =60m cap value for 'growthy tech co'
100m/ 120m shares .83c
Anyone care to comment ??