A bit counterintuitive at this stage due to mismanagement but was reading IPLs results and was curious as to what everyone thinks about the valuation once / if this company gets to 625kt pa.?
IPL appears to be doing just over 700kt (obviously, a bit different in terms of the end product). The indicative divestment price for their fertiliser business is USD1.6bln (see today's announcement)...that's AUD2.4bln.
CXM valuation (excluding options) is roughly AUD 40mln
