RE:Soon a takeover by B&A Mineracao S.AJamesson wrote: The insider B&A Mineracao S.A. that hold 18,170,940 shares didn't sell their shares.
B&A holds a strong position in the marketplace and focus on exploration and development of fertilizer assets.
They are definetly one of the bidders related to the news of April 8th.
The gross PPE (properties, plants and equipments) minus the depreciation = the net PPE asset. For your information, this net PPE asset didn't vanish, it is brand new from 2013-2014.
According to the last financial report, the net PPE is evaluated to 529MM.
And the TOTAL liabilities is at 345MM.
It is easy math,
(529MM - 345MM) divided by 182MMshares = 1.01/share
This is the real value of the company to its owners. The share price doesn't mean anything. This is what an interested bidder looks for.