So how much of the hoped fot compensation31 Jan 2022 23:08
money from the Indian Government is built in to the current sp?
$1 billion is about 743,830,000.00
CNE confimed in an RNS today that there are 495,348,285 shares in issue.
743,830,000 divided by 495,348,285 = £1.50. So if none of the compensation was built in onje would expect the sp to go up by £1.50.
I think no more than half would be built in as the stock market does not count it's chickens before they hatch, more like maybe half.
So add 75p to the current sp of 204p and you get 279p. Oh.... Basil might win!
It's got to be something like that IMHO. Say £2.60 to £2.90??
Will be interesting if, or should I say when we find out!!
All IMHO.