Taken from RNS: "Following the Placing, Amphion's fully diluted holding of Motif will be 29%"
29% of a larger market cap? hence makes no difference to my calculations. AMP own a fixed number of shares (aprox 28M shares) worth 63.5p (currently)..... Do the sums and you will find Amp value (based on motif only) should be £18M+
of course we have our fingers in other pies and an impending court case result.
At this price AMP is still severely undervalued based on mtfb alone. the dilution may help AMP is some ways... although we wont rise in line with motif, we are also protected against an sp fall... overall AMP will be less volatile than MTFB. AMP owns 44% of MTFB current Mcap (41.18M) = 18M+ AMPs mCap is currently at 11.76M Less volatility after placing should see AMP stabalise and possible attract more investors. 50% upside minimum
motif price has changed , its now 58p on monday then rising over the coming weeks to 103p , funny though i have not heard you travisBickles come up with a price best not comment if you dont have a clue !!
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