ODN odin energy limited

For what its worth, here is my analysis on what ODN holders are...

  1. 2,935 Posts.
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    For what its worth, here is my analysis on what ODN holders are getting.

    Key assumptions are that consolidation will be designed tomake the sp of the new entity 10c
    Gridcomm is worth $40mil (This figure is a bit less than whats implied by what Gridcomm holders are receiving.)

    Its a clever deal that causes roughly the same amount of ownership transfer whatever the price of ODN now

    Oh yeah - its definitely a buy, though we may not get as rich as we'd hoped

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
    1 SP consolidation to 10c odn market cap cap new amt odn shares proportion owned value gain criterion gain
    2 0.01 10 3.17 31.7 0.109803 4.392103 TRUE 39%
    3 0.015 6.666666667 4.755 47.55 0.156132 6.24528 TRUE 31%
    4 0.02 5 6.34 63.4 0.197878 7.915106 TRUE 25%
    5 0.025 4 7.925 79.25 0.235688 9.427509 TRUE 19%
    Looks like we're in for a 25 to 30% gain

    Now criticise me :'(
    Last edited by Blommer: 18/03/16
 
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