Will FMG make a bid tomorrow?, page-35

its just ratio analysis of MIN over the last 3 years

P/B ratio can give investors an understanding of how the market feels about a company by comparing book value to market value

but here is some market speculation for ya. is this how you think the market feels about MIN?

if you add MIN future wodgina sales of $3billion to last years equity $1.1billion and divide by 187million shares you get a magic fugue of MIN previous high of $22 per share. magic right

what if i said add $800million of AGO take over equity ontop of that wodgina revenue and last years equity for MIN. now divide that by 187milion shares and you get a figure of $27 per share.

Im personally not interested in MIN if it is only gonna hit $27 per share after the TO. especial after they way CE spoke to the aussie battler shareholder here at AGO