RE:RE:RE:RE:RE:Market does not seemed impressed with today's financialsthe other point worth mentioning is that the merger of ORA + RN required a formal valuation opinion, which was dated Dec 11 2017. Based on the values in the circular and net debt figures from ORA's most recent presentation, the implied value is ~C$7 - $8 per share.
while Brito has for sure thought about trying to take the Company private at a low valuation in the past (see www.aurashareholder.com), the Company is very different today and Brito probably realized that more value can be obtained as a public company.
despite the redomiciliation, dissent rights are still available to minority shareholders. it would be difficult for a take private at a low valuation given the recent formal valuation opinion...