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Canaccord Genuity must see Mergco as a Au$7B company:
ORE @ $11 with 344,355,722 SOI = $3,787,912,942 market cap
GXY @ $6.25 with 514,070,077 SOI = $3,212,937,983 market cap
Mergco combined market cap = $7,000,850,925or $11 per share with 636,861,596 SOIAssuming Canaccord Genuity share price target for Mergco is correct in the coming weeks, where does Mergco fit on the ASX indices with $7b market cap?
Constituent Companies for S&P/ASX 50 (50 companies) in order of Market Capitalisation:
| Company | Current price + | Market Cap ($m) |
|---|
| 1 | BHP Group Limited (BHP)
| $47.87 | $242,079 |
|---|
| 2 | Rio Tinto Limited (RIO)
| $113.78 | $184,210 |
|---|
| 3 | Commonwealth Bank of Australia (CBA)
| $100.10 | $177,420 |
|---|
| 4 | CSL Limited (CSL)
| $291.76 | $132,788 |
|---|
| 5 | Westpac Banking Corporation (WBC)
| $25.89 | $94,897 |
|---|
| 6 | National Australia Bank Limited (NAB)
| $27.68 | $91,133 |
|---|
| 7 | Australia & New Zealand Banking Group Ltd (ANZ)
| $28.55 | $80,952 |
|---|
| 8 | Wesfarmers Limited (WES)
| $64.88 | $73,564 |
|---|
| 9 | Fortescue Metals Group Ltd (FMG)
| $21.47 | $66,070 |
|---|
| 10 | Macquarie Group Limited (MQG)
| $164.28 | $60,606 |
|---|
| 11 | Woolworths Group Limited (WOW)
| $41.34 | $52,405 |
|---|
| 12 | Telstra Corporation Limited (TLS)
| $3.97 | $47,216 |
|---|
| 13 | Goodman Group (GMG)
| $22.70 | $41,937 |
|---|
| 14 | Transurban Group (TCL)
| $13.83 | $37,868 |
|---|
| 15 | Aristocrat Leisure Limited (ALL)
| $42.66 | $27,240 |
|---|
| 16 | Amcor Plc (AMC)
| $17.07 | $26,311 |
|---|
| 17 | Coles Group Limited (COL)
| $18.28 | $24,384 |
|---|
| 18 | James Hardie Industries Plc (JHX)
| $51.68 | $23,070 |
|---|
| 19 | Sydney Airport (SYD)
| $7.79 | $21,009 |
|---|
| 20 | Newcrest Mining Limited (NCM)
| $25.30 | $20,677 |
|---|
| 21 | Sonic Healthcare Limited (SHL)
| $42.10 | $20,126 |
|---|
| 22 | Woodside Petroleum Limited (WPL)
| $20.48 | $19,734 |
|---|
| 23 | QBE Insurance Group Limited (QBE)
| $12.64 | $18,646 |
|---|
| 24 | Brambles Limited (BXB)
| $12.22 | $17,618 |
|---|
| 25 | Cochlear Limited (COH)
| $253.38 | $16,658 |
|---|
| 26 | Suncorp Group Limited (SUN)
| $12.39 | $15,896 |
|---|
| 27 | ASX Limited (ASX)
| $81.61 | $15,799 |
|---|
| 28 | Ramsay Health Care Limited (RHC)
| $67.95 | $15,554 |
|---|
| 29 | South32 Limited (S32)
| $2.89 | $13,486 |
|---|
| 30 | Scentre Group (SCG)
| $2.56 | $13,287 |
|---|
| 31 | Insurance Australia Group Limited (IAG)
| $5.34 | $13,163 |
|---|
| 32 | Santos Limited (STO)
| $6.22 | $12,946 |
|---|
| 33 | Mirvac Group (MGR)
| $3.08 | $12,124 |
|---|
| 34 | APA Group (APA)
| $9.88 | $11,657 |
|---|
| 35 | Dexus (DXS)
| $10.70 | $11,503 |
|---|
| 36 | Stockland (SGP)
| $4.65 | $11,088 |
|---|
| 37 | Medibank Private Limited (MPL)
| $3.55 | $9,763 |
|---|
| 38 | Computershare Limited (CPU)
| $16.04 | $9,684 |
|---|
| 39 | GPT Group (GPT)
| $4.85 | $9,291 |
|---|
| 40 | Treasury Wine Estates Limited (TWE)
| $12.70 | $9,167 |
|---|
| 41 | Qantas Airways Limited (QAN)
| $4.41 | $8,317 |
|---|
| 42 | Lendlease Group (LLC)
| $11.53 | $7,941 |
|---|
| 43 | Oil Search Limited (OSH)
| $3.82 | $7,937 |
|---|
| 44 | Origin Energy Limited (ORG)
| $4.40 | $7,741 |
|---|
| 45 | Aurizon Holdings Limited (AZJ)
| $4.05 | $7,455 |
|---|
| 46 | Vicinity Centres (VCX)
| $1.59 | $7,249 |
|---|
| 47 | Caltex Australia Limited (CTX)
| $25.32 | $6,323 |
|---|
| 48 | Orica Limited (ORI)
| $12.94 | $5,273 |
|---|
| 49 | AGL Energy Limited (AGL)
| $7.37 | $4,592 |
|---|
| 50 | AMP Limited (AMP)
| $1.06 | $3,470 |
|---|
| 51 |
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|---|
| 52 |
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|---|
| 53 | MergCo | $9 | $5,732 |
|---|
| 54 |
| $10 | $6,369 |
|---|
| 55 |
| $11 | $7,005 |
|---|
| 56 |
| $12 | $7,642 |
|---|
| 57 |
| $13 | $8,279 |
|---|
| 58 |
| $14 | $8,916 |
|---|
at $12 Mergco will be approximately the size of Origin Energy.
Not Advice
