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acquistion of intevia, page-6

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    vdm

    Yes I think you are right. PE must have done the maths (CS certainly would have). They see better returns from a 10% holding than having it within their business and paying royalties. If they see US$250m revenue in a couple of years .. there would be at least US$25m profit surely = A$30m .. that's 15 cents per share and they talk of PE of 15-20 .. so thats a sp of A$2.25-A$3.00. This is probably conservative.

    Anyone else done these cals ... am I anywhere near the ball-park?

    H
 
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