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0.00% 1.1¢ alexium international group limited

Ann: Grant Extension Awarded With Israel Chemicals Ltd (ICL), page-14

  1. pintohoo
    84,003 Posts.
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    19/10/15
    14:28
    Post #: 16205363

    Hi mate - I mean that I think ICL isn't big enough to take us for the price many of us want.

    ??? aren't they worth about 7 billion?

    If they were to swallow a company for 2.5 to 3 billion - 10 bucks a share to us - then for 7 bil. To eat 3 bil. - there would have to be enough income to pay for that.

    To me that rules it out for an early bid.

    Pinto
    AJX Price at posting: 92.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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