$REACH / 5256 (REACH ENERGY BERHAD)
it is said that valuation of emir oil llp is equivalent to usd300mil based on news. ( exchange rate myr= 4.741) (RM1.422bil)
outsanding share : 2.128 bil
fair value : RM 0.67
Hammer capital aka SRL would have Reach close to 67sen if they choose to dispose kazakh asset. something to ponder why they still keeping the asset. i think they believe asset must be worth more than above said.