macmahon announces 446 million scrip takeover, page-4

  1. rab
    4,701 Posts.
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    Mah is on a PE of 22 to ASL 9 and ASL pays twice the div of MAH.This means that if MAH was on a PE of 9 its shareprice would roughly be 80c and the offer should be closer to 3 MAH shares for 1 ASL.
    RAB
 
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$1.80
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