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........?
mak at 28 dollars if it moved the same as ipl
Add AEV (ASX) to my watchlist
