900mil usd, page-19

ok so mm were prepared to pay2.34b plus debt (total takeover cost 3.55b) before and if ph is worth roughly 1.5b then why wouldnt they give ozl somewhere between 1.2b and 2b....(taking into account debt of 1.2b as well)

if its 1.6b say then there is roughly 300-400m left in cash which is 15c plus around 50c in val for prominent hill and then say 200m for martabe which works out at 6.25c per share

that gives me 71c per share

where am i going wrong..

i cant see mm really scrrewing ozl they could have done that before if the wanted to