Hypothetically cash would look like this....
cash on hand 496.5m
Less quarterly expenses -59.5
= 437m AUD
add back return of 50m usd deposit takes us to
512m aud.
552.9m shares so 92.6c / share.
Plus a very chunky break fee from Petrobras to add on the top.
Downside surely looks limited at $1.03.
But I reckon the deal is in the bag and $1.50 is around the corner
Re value of KAR, page-16
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Last
$1.87 |
Change
-0.025(1.32%) |
Mkt cap ! $1.498B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.87 | $1.84 | $8.261M | 4.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5493 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 48154 | 5 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |