GDO 0.00% 30.0¢ gold one international limited

Septa,You could of added value and adjusted the figures and been...

  1. 539 Posts.
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    Septa,
    You could of added value and adjusted the figures and been helpful.
    Nonetheless, I'll explain why I'm not impressed by our landmark deals.

    Pre Rand & Chinese Deal
    ~1B shares, 52.8m Earnings, ~5.3eps

    Post Rand & Chinese Deal
    ~1.4B share, 62.8M Earnings, ~3.7eps

    What we have is a 42% haircut in eps with a bucket load of risk and foreign player holding the cards.

    The end results is that the value of the company is lower and mgt could have done better.
    The views are not mutually exclusive.

    Nonetheless i probably shouldn't have replied to your cheap shot, however thought joining the dots for you might help.
    Mav
 
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