It trades now at 4.3x trailing earnings of .80c eps, after this quarter earnings trailing earnings will be $1.05.
$1.05 x 4.3 pe = $4.45 !
KPMG review approx. 2 weeks after earnings gives at least a 5 pe = $5.25 share +
TDR will trade at 16 pe in Taiwan (avg. pe is 22). a 5 pe in US, arbitrage will average the two at a 10 pe=$10.50 !
Depends on the share issuance details. Adding 10 million shares to the pot would be detrimental to the share price short term, unless there's a deal in the works to use that money immediately, if not before. As they say, the devil's in the details. No problems long term if they do add a mine or two with the proceeds, but short term there could be an impact on share price. The CC might answer some questions, but I'm sure it will be short on specifics, as always.