Cheers Blueskies. So a saving of $180m per year not even taking into account tax losses and all other assets means MIN are taking over AGO at a P/E ratio of 1.5
Given MIN are trading at a PE of 12, let’s multiply $180m by another 8 to get to a P/E of 12. For MIN, this makes AGO about a $1.4B company.
We will be generous and accept $1B or about 11c per share
- Forums
- ASX - By Stock
- AGO
- MIN - Conference Call
MIN - Conference Call, page-22
-
- There are more pages in this discussion • 191 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online