Posted by Musangfoxk1ng > 2020-12-01 17:21 | Report Abuse

Do you consider the dilution of the warrants?

Posted by Sslee > 2020-12-02 11:16 | Report Abuse

Do you consider the dilution of the free grant LTIP and the leakage from all other JAKS business?

Posted by Zyke42 > 2020-12-02 11:42 | Report Abuse

No, this is just basic valuation of the power plant and its future prospects. The one off gain from disposal of its subsidiary also helps mitigate cashflow problems.

Posted by Sslee > 2020-12-02 11:55 | Report Abuse

One off gain from disposal of JIC did not involved any cash flow just accounting gain but need to provide for write off of doubful debt.

Posted by Sslee > 2020-12-02 11:59 | Report Abuse

By the way it do prevent JAKS accounting of 51% future loss in JIC

Posted by dannysky12 > 2020-12-03 20:23 | Report Abuse

Thank you for sharing