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Big difference between Macq and JP. I think you're about right...

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cspro

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29/05/15

15:29

Post #: 15378030
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Originally posted by Katavi ↑

One final thing on Greenstone.
Herewith valuations placed by brokers
Macquarie 2.32 to 2.67
JP Morgan 1.73 to 2.31
Citi 2.02 to 2.31
Goldmans 2.05 to 2.45

If you like averages then the range is 2.03 to 2.45
Total average is $2.24. almost at the middle of the pricing range.
I am thinking that at $2 there is a small stag.
At $2.25 not as confident.

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Big difference between Macq and JP.
I think you're about right if they do it at $2.
My concern is that they'l l price it around 2.25 - 2.30. But we will see...
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