02-12-2014, 05:10 PM
IF Jaya lose the warranty claim of 15.6 mil, then the company will be left with ~ 4 mils cash, let's say the shell worth 20 mil based on Cityfarmer's number:
24 mils / 771,702,000 = ~ 0.031 cts / share
Current trading price at 0.038, 18% premium....
24 mils / 771,702,000 = ~ 0.031 cts / share
Current trading price at 0.038, 18% premium....