guys i am not commenting on whether this is a good or bad deal.
just thought a bit of clarity needed to be made about some previous posts.
Also in the current climate things like post acquisition gearing clearly needs to be considered, before saying this is a great deal.
As for the S/P i am always suspicous of those that spruik a share price being "$X in one years time etc"
from my brief look at current multiples, recent performance and consideration of the current market, i think $4 is a long long way off...
But hey what would I know? DYOR
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