andybb10
Joined: 11 Feb 2005
Posts: 299
Location: BC west coast
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 Posted: Wed Apr 02, 2014 6:03 pm Post subject: Anthem Resources (AYN.v) |
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I ended up with some of this from being spun out of Virginia Energy a while back.
I recently added to my position below 10 cents, as I noticed that Uranium was 'back in play' (after a couple of years of disaster, post Fukushima).
Yesterday's news boosted the share price to 16 cents, and seems to be undervalued still:
| Quote: | The cash value of Anthem's shares in continuing Boss Power should be worth approximately $10,062,893 before any transaction related expenses.
Anthem currently has 35,419,731 shares outstanding. Thus, the implied pro forma cash value of Anthem's Boss position should be worth $0.281 for each Anthem share,
excluding any transaction related expenses for the Arrangement. |
http://www.anthemresourcesinc......hi-Parties
I've now got a sizeable position so I'm not a buyer here, but worth a look if you don't own any IMO
cheers
Andy
_________________
The key to making money in stocks is not to get scared out of them. --Peter Lynch
SCHOPENHAUER, Arthur: “Each truth passes through three stages before being recognized – First it is ridiculed, second it is opposed, third it becomes obvious.” |
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