Post by fastwalker on Oct 21, 2004 10:47:40 GMT -5
;D
SGGM share value to CMKX share price?
If SGGM's shares are an asset to CMKX by owning them, my math shows a value much higher than the share price we have now in the CMKX share price. This is only my opinion!
SGGM is at a price of $.355/share today and is usually $.40/share:
CMKX is holding 200 billion restricted shares from their JV:
Here goes:
(SGGM shares) (Price)
200,000,000,000 x .355 = $71,000,000,000
x .40 = $80,000,000,000
The total A/S of CMKX is 800,000,000,000.
This should be the value added to CMKX/share from the value of SGGM shares being held as an asset.
(@.355) (A/S) (SGGM value) (CMKX)
$71,000,000,000 / 800,000,000,000 = $.08875/share + $.0002 = $.08895 share value of CMKX
$80,000,000,000 / 800,000,000,000 = $.10000/share + $.0002
= $.1002 share value of CMKX
In my opinion only, based on the value of the SGGM shares alone at a price of .355 to .40 per share, the price of CMKX shares should be .08895 to .1002. This does not include any other asset from diamonds or anything else ,just SGGM shares based on their value.
Thoughts anyone! TIA
SGGM share value to CMKX share price?
If SGGM's shares are an asset to CMKX by owning them, my math shows a value much higher than the share price we have now in the CMKX share price. This is only my opinion!
SGGM is at a price of $.355/share today and is usually $.40/share:
CMKX is holding 200 billion restricted shares from their JV:
Here goes:
(SGGM shares) (Price)
200,000,000,000 x .355 = $71,000,000,000
x .40 = $80,000,000,000
The total A/S of CMKX is 800,000,000,000.
This should be the value added to CMKX/share from the value of SGGM shares being held as an asset.
(@.355) (A/S) (SGGM value) (CMKX)
$71,000,000,000 / 800,000,000,000 = $.08875/share + $.0002 = $.08895 share value of CMKX
$80,000,000,000 / 800,000,000,000 = $.10000/share + $.0002
= $.1002 share value of CMKX
In my opinion only, based on the value of the SGGM shares alone at a price of .355 to .40 per share, the price of CMKX shares should be .08895 to .1002. This does not include any other asset from diamonds or anything else ,just SGGM shares based on their value.
Thoughts anyone! TIA