PRN 1.55% 98.0¢ perenti limited

Ann: Perenti supports IGO through the Cosmos transition, page-16

  1. 2,693 Posts.
    lightbulb Created with Sketch. 2417
    Good point: $40M annual revenue drop corresponds to $40M mkt cap drop

    However: total annual revenue = $3.4 Bn and mkt cap is under a billion!

    Using the bears' logic market cap should be more than triple its current level?
 
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