AMP in next few months10 Sep 2017 22:37
The reason why AMP is at 1.5p is because of the loan amount which needs to be paid as it stands in december. Currently AMP holds 15.8% in MTFB and that comes to approx 11.12 Million so take away the loan amount and you are left with the current market cap of 3.11 million.
In my opinion this can go in a number of ways it al depends on MTFB share price come after the revive 2 results. If the results are successful and MTFB shareprice goes up in line with the peer companies to around 300 million then Amp's stake will be work around 47.4 million and then they can sell 10mil worth of stock in MTFB to repay loan and we are left with 37.4million and then we could see amp's shareprice around 18p.This is the ideal situation. on the othrerside if MTFB have good results but end up at market cap of 100m then amp will be left with 15.8 mill and if they sell then we will only have a small % left in mtfb. Ideal situation would be if amp can re-negotiate terms of the loan to be paid at some point in 2018. MTFB has the potential to be around 400-500mil market cap if not more when they get there FDA approval fast tracked in feb. this of course is all down to revive 2 results being successful. so all is not lost here. Even the last rns the amp board are very confident in MTFB in future so further sale of there shares in MTFB will be last resort. If MTFB fails with the revive 2 then it could be game over for amp but if mtfb successful then this could multibag by 10 in only 4-5 months. good luck to those that are in! i personally think its a risk worth taking.