I am a JML share holder and I think the market has got it wrong.
This is a great deal for IGO:
IGO 2012 forcast Eps= 28.5c PE=24
JMl 2012 forcast EPs= 8.3c Pe= 10
I know this is an over simplication but if sucessful IGO will managed to buy an asset at half the price of its own shares and with a large pipeline of mines for the future.
igo to take over jml, page-11
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Last
$5.66 |
Change
-0.060(1.05%) |
Mkt cap ! $4.286B | |||
| Open | High | Low | Value | Volume |
| $5.70 | $5.70 | $5.50 | $18.23M | 3.250M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6610 | $5.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.66 | 46875 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| IGO (ASX) Chart |