Let's talk about the valuation because Paul clarified this today
30% of Araxa (I have to learn to say Araja!) was purchased or $4B in 2011
Sales have now doubled so lets say $8B
This values 50% at $26B because half is owned by the State, making 100% worth = $52B
Just put your share value in to a calculator and multiple it by 52. Let me know what if you're happy with that?!?
Opps! These are USD figures. Sorry. So just convert that and let me know how you get on....!
General discussion, page-11613
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| Open | High | Low | Value | Volume |
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| 3 | 87 | $15.64 |
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