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4.5¢ atlas iron limited

Ann: MIN: Redstone's proposal to acquire Atlas Iron, page-34

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Y4ukikmycow

4,061 Posts.

1485

18/06/18

22:50

Post #: 33782568
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Originally posted by ozzieKochie ↑

So what do we view as a fair value as a Take over?

At the Redstone offer of 4.2c the market cap is $390M

The Tax credit of $506M then equates to 5,5c per share alone, excluding any ore bodies, infrastructure, port lease and capacities, tenenaments, etc.

OR: a reverse calculated proposal- CE indicated synergies to the value of $180M of savings per year for the two companies. If half of that is viewed as an annualised return for AGO-$90M- at 20% that equates to a Market Cap for that return of $450M- or 4.8c

Any other back-of-the-cigarette-pack calculations?

Bones- would you care to repost your first post?

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We dont want a take over we want a partnership with the backing of another company like FMG Atlas shares will soar in years to come take 5cps now and you woukkd be selling yourself short 8 to 12cps is feasible

AGO Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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