pilko, You have worked out the above and I just need clarification on this sentence"
"ResApp net profit $1 billion ( 4 times Cochlear's net) divided by 700 million shares is $1.42 x 12 is $17 per share."
If the net profit is $1B, then the divi would be $1.42, not $1.42 times 12. Where does the times 12 come into play?
MTW
Cochlear $11.6 B market cap, page-2
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)