APG 0.00% 0.2¢ austpac resources nl

Hey DBgood post.Seriously think about buying in again. dude.loko...

  1. g64
    261 Posts.
    Hey DB

    good post.

    Seriously think about buying in again. dude.

    loko at it like this. multi serv WILL have done some home work before signing the agreement - so they think it will probably work, they just want ot make sure. According to some teckie poeple this is that part of the process that is pretty simple - apparently.
    IF it works this is the simplistic maths.
    1 mill = 10mill bucks per year, one third of that is 3mill, times a conserative EPS of 15 45mill. that is 7c per share per steel mill. IF it works I cant see a reason multiuserv want look at putting it in aleast half of their mills. can anyone else think of a reason. in which case that is 85 x 7c = $6.
    It wont get to that (be nice though) but if you cant find serious fault with those numbers (I am sure there are some faults, but not major ones) then at 10c it HAS to worth a punt.

    good luck what ever you do DB.
    g

    ps if anyone wants to comment on my primitve maths please do.
 
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