I realized I didn't really go into detail on my punt:
With the removal of immediate uncertainty over debts I think the period that most closely resembles today is April-June 2014 (actually a bit pessimistic give the improved margins per lb it's probably more like end of 2013)
At that time the SP was about 40c, the debt was a few years away but the U climate was pretty negative, toxic even.
So based on this and the swap of debt for equity I'm assuming a market cap of about $800M and with 6.5 billion shares on issue that comes in about 12c or $1.20 after consolidation.
Please feel free to rip my reasoning asunder - with FACT based arguments, preferebly referenced if contentious.
Best guess: SP if the restructure goes through, page-31
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.84 |
Change
-0.140(1.00%) |
Mkt cap ! $4.109B | |||
| Open | High | Low | Value | Volume |
| $13.78 | $13.88 | $13.62 | $12.12M | 881.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 3094 | $13.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.85 | 1870 | 15 |
View Market Depth
| Last trade - 11.53am 12/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |