Assuming the full $150m buyback is operated, Lion will buy back 103.5 million shares (based on $1.45 NTA as per above) - 81.8m shares will remain on issue.
Assets @ 31/10 = $293m
less $150m cash
Leaving assets @ 31/10 = $143m
Allowing a 15% slide in the value of the listed assets (as per above) will leave NTA after buyback of approx $127.7 or $1.56 per share.
Trading at a 43% discount to NTA.
- Forums
- ASX - By Stock
- LST
- aprox buy back price
aprox buy back price, page-10
-
- There are more pages in this discussion • 2 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 LST (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online