IDC indochine mining limited
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indochine future share price calcs, page-11

  1. LeDerp
    816 Posts.
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    05/10/12
    10:19
    Post #: 10816972
    Nectar,

    You are trying to calculate EPS. If you do not calculate capex repayment then you are assuming fully funded by equity.

    That means a hell lot more shares on issue. EPS would fall drastically.

    You only have 750m shares on issue... Where is the capital repayment going to be accounted for??? Is it free money??

    Massive 357m hole in your calculations.
    IDC Price at posting: 11.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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