RE: RE: RNS26 Jul 2018 14:10
Remember, Brian Moritz advised in the interim results in May that .........
"The Company's GBP15.85m carrying value for its interest in Calidus equates to a share price of approximately 0.7GBp, compared to the Company's market capitalisation of GBP7.01m as at 24 May 2018, which represents an upside potential of approximately 126%. "
"It is important to recognise that the Calidus shares have consistently traded at between A$0.040 and A$0.048 per share in the past three months. At that level the value of Keras' holding in Calidus remains approximately double the Keras market cap, despite the fact that Keras is now debt free."
Ok I know Calidus is trading ever so slightly lower now, but if KERAS sp suddenly jumped higher to .07p, then nobody can say the company was witholding information, as they've already said we are worth that. Also, he was indicating that the .07p value was only in relation to the holding KERAS has in CALIDUS, meaning the market was not adding value for anything else i.e. TOGO.
Potential here is huge.
GLA SR