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kartal

06/20/18 12:39 AM

#8964 RE: S2focus #8962

I am seeing some drastic differences in asset values of BIOA between the monitor's first and second reports.

In the first report the difference between assets and debt is a positive $21M USD.
https://www.pwc.com/ca/en/car/bioamber/assets/bioamber-009_060718.pdf (page 6)

In the second report the monitor assesses market value at $74M CAD (which boils down to $56M USD). In which case the difference between assets and debt is only $9M USD.
https://www.pwc.com/ca/en/car/bioamber/assets/bioamber-010_061818.pdf (page 17)

If they sell the assets at the market value then 5 cents/share seems to be the fair value. We need a bidding war to get to 10 cents+. Am I reading this correct?


Do we have an email address to contact the monitor (or the person who prepared both reports)?
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GS1

06/20/18 12:41 AM

#8965 RE: S2focus #8962

Very interesting..! they can do it all big players with billions in annual revenues so spending hundred millions is like chump change for them and we are trading like there is land and concrete structure with nothing in it. That is 5M dollars lollz :-)
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GS1

06/20/18 7:05 PM

#9651 RE: S2focus #8962

Vinmar International is another big chemical giant has partnership with BioAmber and already made decision to invest 150 Million in the second plant that BioAmber is building which is seven times larger than existing Sarnia facility.

https://www.bio-amber.com/bioamber/en/company#partnerships

http://www.vinmar.com/