1.3 billion new shares. I repeat 1.3 billion new shares.
Those predicting 60c are valuing the business at 2 billion dollars. It was 1 billion when things were going well.
OK...maybe takeover...they have certainly been stripping down for past 12 months for that possibility but Rupert is not paying anywhere near where it was valued 12 months ago $900-950mil or 34c - 37c a share.
Maybe 500 - 550m would be seen as a good buy for News limited, other media or a hedge fund if they could. 16c - 18c.
Buying this company for 30c a share is akin to paying $5 for an "Icy cold can of Coke"
testing 20c soon, page-208
-
- There are more pages in this discussion • 65 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
61.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $146.3M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 58.3¢ | $281.8K | 472.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4699 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 7441 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SXL (ASX) Chart |