Ann: Recommended Takeover Offer for Primero Group, page-2

this is seriously undervaluing PGX....at 285m in revenues, they can generate ~16m in NPBT and ~12m in NPAT so I think it's a bad deal.

They should be asking for closer to 65c given if they represented Wartsila appropriately, there is a further 2-3c at least that need to be reported in profits per share.

very disappointed!