Friday, March 20, 2020 11:47:51 AM
With a modest PE of 6 this will be trading at $1.09 under the share structure currently in place. ( I used 700m shares for my calculations actual is 640m)
I cut out the pertinent part. The $128m (USD) rev was reported for 2014-15 by Rontan on their corporate Tax filings. This is the value of the Rontan SPA regardless of what gets awarded. This is based only on Revenue currently generated. Start adding the award judgement and then PALS rev and FDs numbers start coming into play very quickly. I am just using the data known from court filings.
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