whoops - it's a USD price, so that's worth another 18c/share. $4.40ish!
Maths:
previous mkt cap 630m => rump = 60%*630m = AUD378m
Sale price: ~700m USD (after applying 50% discount to contingent payments)
so that's 752.5m AUD. 752.5m+378m = AUD 1.131bn market cap, with 255.8m shares in issue that's $4.42/share.
If you don't believe they'll ever get the contingent payments it's still worth $4 per share!
closing price today, page-11
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Last
$1.40 |
Change
-0.030(2.10%) |
Mkt cap ! $1.091B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.45 | $1.39 | $3.298M | 2.345M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23830 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 51420 | 4 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |