"if I focus what now currently at their hands, the combined company will produce 500K and I just take 3000AUD Net profit/ounce, this gives the NET PROFIT after all costs = 500k *3000 = 1,5 Billion AUD, say 80 cents EPS..'
Without even considering Dalgaranga's blue sky I feel you really need to compare your above statement with the "NET PROFIT" SPR could have thrown out on its own and how that impacts EPS if we had stayed less diluted
Yes a merged company has a higher Capitalised value but that becomes a poor metric to use if the EPS and blue sky of a smaller entitiy is greater
SPR Price at posting:
$1.75 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)