If cape was to offer $1.50/share now it would be working on a forward two year PE of ten with EPS around 15c then. Which would be a very fair offer and probably what it is worth on figures alone but what is the extra value to them of getting rid of an up and coming future competitor who is obviously beggining to hurt them now. That is Capes main aim and i don't think $1.50 takes account of this let alone $1.30. Thats a joke.Work out PCHs EPS % growth in the next three years, year on year.This company's progress and global diversification is on target to make it a big player within five years. Take the money from Cape and find another PCH to invest in, why bother, you're already there. RAB
PCG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not 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)