Current market cap is 1.5 billion. Past years profit was $191m.
Lets assume the worst case scenario and the ANZ deal falls over and ANZ repay the $800m and IOOF use the cash to buy back shares. Assuming all other things remain equal we then have a market cap of just 700m and 190m shares on issue.
That $190m profit is equal to $1 per share or PE of 4.3. Even if next years profit were to drop 70% to say $57m we are still sitting on a PE of 14.
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Last
$3.50 |
Change
0.010(0.29%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.52 | $3.47 | $403.2K | 115.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 7010 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 20978 | 8 |
View Market Depth
| Last trade - 10.23am 23/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |