And another thing Allan, ref the price. CML is expected to earn a dollar per share in 1907. With a reasonable P/E ratio of 15, the share price should be $ 15, and with a premium of 30 % about $ 20. So we get again a fair take over price of $ 20. Am I right in my calc?
market correcting its mistake, page-4
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $5.683M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $9.758K | 2.413M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 196957 | 1 |
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| Last trade - 12.52pm 28/06/2024 (20 minute delay) ? |
| GCM (ASX) Chart |