Well how about it....
Rollup rollup.... have I got a deal for you!!!!!!
For the princely sum of say $60m (10% premium on todays close) we could have
$45m back in under a year with the sale of the fluids business already done, and for the addition of $14m an income stream going forward of $70m pa.
Lets recap say $60mil (shares) + $14mil capex for Athena, that $74mil costs.
You get back $45mil sale of Fluids business. Total outlay 74 -45 = $29mil.
So for $29mil we get a gusher giving us $70mil+ pa. Nice little PE. It's more like an EP.
Conclusion....this is a no brainer............
This is a blatant RAMP but totally supported by company figures.
- Forums
- ASX - By Stock
- private t/o bid
Well how about it....Rollup rollup.... have I got a deal for...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries