OK, just did a quick calc.
Last annual report (31/3/17) PRG reported they had $70.352M in their franking account. That's $0.27/share (about). That will support a ff dividend of $0.63/share with a $0.27 franking credit giving an all up value of $0.77/share in the hands of someone who can claim the full franking credit back.
So, a $3.02 buy out could deliver a capital return of $2.39 plus a special ff dividend of $0.63/share with a grossed up value of $3.16/share. If you're looking to sell before 17 October, the planned settlement date that's the selling price you'd use as the zero net gain for a buyer.
Of course, these numbers WILL change with about 6 months of updated data to settlement!
This was calculated by finding the profit per share that will deliver a $0.27 share (that's $0.9113 at 30% company tax rate) giving a NPAT of $0.63793.
DYOR!
- Forums
- ASX - By Stock
- PRG
- Ann: PRG Board recommends acquisition proposal from PERSOL
Ann: PRG Board recommends acquisition proposal from PERSOL, page-20
-
- There are more pages in this discussion • 45 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 PRG (ASX) to my watchlist
|
|||||
Last
$1.04 |
Change
0.000(0.00%) |
Mkt cap ! $119.6M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 97.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.28 | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 0.970 |
1 | 2742 | 0.960 |
1 | 20000 | 0.950 |
1 | 540 | 0.925 |
1 | 918 | 0.545 |
Price($) | Vol. | No. |
---|---|---|
1.280 | 5000 | 1 |
1.420 | 5000 | 1 |
1.430 | 5000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.12pm 03/09/2024 (20 minute delay) ? |
Featured News
PRG (ASX) Chart |
Day chart unavailable