Monday, July 17, 2017 12:40:12 PM
interesting article on AMT here
https://seekingalpha.com/article/4087948-american-tower-priced-perfection
however in it is a buyout by AMT recently.
"Just a few days ago AMT said it was buying phone towers from Mexico's Axtel (OTC:AXTLY) - part of Alfa (OTCPK:ALFFF) for $56M. AMT's MATC Digital unit will take over 142 towers in the deal, and Axtel will rent them back for 15 years."
So, basically that is US$394,366.20/tower, TowerOne plans to have 100 towers by end of 2017, therefore our fair valuation would be US$39.4M, divide that by 57.8M share plus 15.5M warrants for fully diluted 73.3M shares = 39.4/73.3 = US$0.537/share. Right now we are trading for US$0.19, LOL. Thank you Mr. Market.
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