General discussion, page-2319

In the stock head interview, Mike said the 2 businesses were probably about 50/50 as far as valuations go. Our present $800m valuation is beaten down because of the political situation & general market down turn. I'd expect the political side to be mostly resolved by the time LLL lists & our MC back up above $1b

I'd also expect a run up in price as the demerger Record date approaches. I also think they'll discount it by about 20% to ensure the Entitlement offer gets over the line. So I could see our MC being around $1.2b by then, with LLL representing at least half that, then discounted. So I'd expect the IPO to project a MC in the order of $500m, maybe in the range $400 - $600

When it starts trading, you'll get that 20% back straight away and I think a fair bit more.
After a few months, I'd be surprised if it wasn't at least 50% of AVZ's MC - around $1.5b

The ASIC is in the LOMP $1124, then Mike in a recent stock head interview said he hopes to shave 15% off that.