It is stated in the latest annoucement that CFE stands to make 209% profit. Inferring from this figure, CFE must have apportioned $23.36m cost to AKI (after the on market purchases + DMC spin off). So out of $72.2m, $23.36m is cost, and $48.8m is profit- I may be wrong.
47.5c is what the market values CFE before the AKI announcement. CFE is certainly worth more, but I am just trying to justify how much SP can go up because of this announcement.
CFE Price at posting:
54.0¢ Sentiment: Buy Disclosure: Not Held
