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0.00% $9.52 iinet limited

is my napkin maths right? Shares on offer : 162,950,896 TPG...

  1. Papina
    98 Posts.
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    27/04/15
    10:12
    Post #: 15160416
    is my napkin maths right?

    Shares on offer : 162,950,896
    TPG offer of 8.60 = Market cap of 1.4 billion(-ish)
    (1,400,000,000 / 162,950,896 = ~8.60)
    so an offer of 1.5 billion by M2 is 9.20? (1,500,000,000 / 162,950,896 = 9.20)
    IIN Price at posting: $8.66 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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