RE: Don't buy MAST at 1.10p buy at 2.6p11 Oct 2023 00:06
Don't buy MAST at 1.10p buy at 2.6p
yep, stay at the sideline and wait for JV confirmation, then expect mms to gap MAST to 2.6p
the choice is yours!!!
Tranche 1 following JV agreement which is the near term:
- £3.7m paid directly to MAST
- £11m in Capex cost provided to JV (Mast to own 25.1% - £2.76m).
So Tranche 1 alone is worth £6.5m to MAST.
This doesn't even include MASTs current portfolio yet (Pyebridge, Bordesley, etc.).
This share is very very undervalued at the moment.