PNA 0.00% $1.84 panaust limited

Jack, Paul is actually correct in adding the debt to the equity...

  1. 237 Posts.
    Jack, Paul is actually correct in adding the debt to the equity to get an enterprise value. Think of it this way if I bought each share of PNA I would have to shoulder all that debt automatically. Not pretty.

    And you are absolutely right that the market cap is 160m (or less depending on the time of day!), but that is different than enterprise value
 
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Currently unlisted public company.

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