NOV
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3.85% 5.0¢ novatti group limited

Ann: Reckon Sells APMG Business for $100m, page-13

  1. Tradingasx
    1,099 Posts.
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    20/05/22
    12:59
    Post #: 61523893
    So the questions is.

    if 30% of the reckon deal is worth $100M

    70% of their core business remains, what value do you put to their 70% core business?
    I didn’t add the dividend to the $30M I estimated this is the value of the remaining business.

    happy to stand corrected

    Last edited by Tradingasx: 20/05/22
    NOV Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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