RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ITG account ripping down End of Day Again! Use simple principals per my post JS. TUD owns 60% and AMK owns 20%. THerefore AMK should trade at 1/3 of TUD market cap or, vice versa, TUD should trade at 3x AMKs mkt cap.
When you factor in the free carry though, AMK is severly undervalued even more. TUDs gonna have to issue, likely, well over a hundred million shares to move things forward to a decision.
Jetstream1281 wrote: Basically all I'm doing is Shares out X current SP / (0.2, 0.6, 0.2 ) x 29 million oz to arrive at that value....using 29 million oz determines what they SHOULD be worth but to get a relative view any number at all will work....