LRG
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0.00% 17.0¢ longreach group limited.

Let's be conservative and say they net $17m from the sale. This...

  1. Mosteph
    310 Posts.
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    11/12/12
    10:29
    Post #: 11172442
    Let's be conservative and say they net $17m from the sale. This equates to 46cps. Let's take off 4cps for risk and 2cps for costs. A price of 40c today is reasonable.
    LRG Price at posting: 15.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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