IPL was $115 on Jan 1. Yesterday IPL was $138.50. The value of IPL has increased by $1.2 BILLION
MAK market cap is $47m (Ignoring options $110m with options but Bank Balance would increase to $21m so EV would be $89m)
If MAK had moved the same amount as IPL then MAKs share price would be $28.60 today.(IPL has roughly the same number of shares as MAK).
So who's worried about the recent moves now........?
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- mak at 28 dollars if it moved the same as ipl
mak at 28 dollars if it moved the same as ipl
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