Australia's largest stock trading and investment forum Australia's #1 stock forum

RXP

Click for more information

0.00%

49.5¢ rxp services limited

Ann: Appendix 3B, page-4

First 4 Last

Share
Profile

Follow
Wini

1,090 Posts.

25

09/12/14

10:08

Post #: 14430952
Share

Originally posted by vfrioni ↑

At first I was annoyed that there is still more dilution going on in RXP, however with some sleuthing, this is actually some good news.

Nobel according to management at time of purchase was going to contribute 350-400k to EBIT 2014
And anything above 400k is entitled to a 4*EBIT earnout in shares.

So this latest issue is for 960k shares at $.725, which equals $696k worth. So if we divide that figure by 4, we get $174k EBIT above $400k.

This means that Nobel is running at an annualised runnate of $574k EBIT. So at least that business is humming, hopefully the rest is doing well too.

Expand

Hotcopper needs more posts like this. Well done, appreciate the research.

RXP Price at posting: 58.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

SVL

Silver Mines pushing ahead with NSW Bowdens project despite green group setback over power lines

HIQ

Mouthguard concussion sensor tech developer HIT IQ wins second US patent

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

TRE

Toubani raises $10M to see Mali's Koubada Gold Project through to DFS

The Rising Tide: How institutional adoption is shaping the future of crypto

There are more pages in this discussion • 22 more messages in this thread...

First 4 Last

Add RXP (ASX) to my watchlist

SPONSORED BY