RE: Corruption and misinformation13 Jun 2018 23:12
argus1
it is simple. ukog has an Mcap of what some £40M and has some 32% of HHDL. alba has 11.8% of HHDL and is worth £7M. so in simple terms (if we assume all of alba value is in the HH value and the rest is worthless), then ukog's HH stake is worth no more than 32/11.8 times £7M. shall we cal that £19M...
so what does ukog have that is worth the extra 50% on the Mcap? ( pls dont say BB is worth shedloads..)
is every other asset alba own worthless? (i think not)
why do BBM's act so thick? (cause they are)