*DJ Orocobre Target Price Raised 28% To A$11.00/Share By Macquarie>Ore.Au *DJ Orocobre Target Price Raised 22% To A$11.00/Share By Canaccord Genuity>Ore...
*DJ Galaxy Resources Target Price Raised 21% To A$6.25/Share By Canaccord Genui.. *DJ Galaxy Resources Price Target Raised 29% To A$6.20/Share By Jpmorgan
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 = $7,000,850,925 or $11 per share with 636,861,596 SOI
Assuming 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
52
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
ORE Price at posting:
$9.07 Sentiment: Buy Disclosure: Held
