Yes, you're missing the 80 / 20% split of Atlantic and Simberi.
SBM holders will own 80% of these, plus some miscellaneous assets such as shareholdings in other companies.
There's been interest from multiple parties in acquiring the Simberi operations.
So SBM should be trading at a premium to your calculations, how much of a premium I just don't know.
Ann: Merger of St Barbara and Genesis to form Hoover House, page-29
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Last
$2.01 |
Change
-0.085(4.07%) |
Mkt cap ! $2.273B | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.08 | $2.00 | $3.141M | 1.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 85304 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.01 | 85187 | 76 |
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| Last trade - 15.34pm 03/10/2024 (20 minute delay) ? |
| GMD (ASX) Chart |