well if their intl business is ipo'ed at a value of in excess of gbp100 mill and they retain 60% as they have previously said then that equates to a$90 mill.they have also said they'd retain a$31 mill in cash...that makes a$124 of value in those 2 assets alone against a current market cap in total of a$138 mill...that means you get the rest for A$14 mill...they paid A$158 mill for that just 15 months ago in feb 2011.maybe not free but thats a cheap option will very little downside and plenty of upside.awaiting final details of the ipo in the next few days.
- Forums
- ASX - By Stock
- aim ipo progress
well if their intl business is ipo'ed at a value of in excess of...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DTE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online