CXM 2.70% 3.6¢ centrex limited

A bit counterintuitive at this stage due to mismanagement but...

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    A bit counterintuitive at this stage due to mismanagement but was reading IPLs results and was curious as to what everyone thinks about the valuation once / if this company gets to 625kt pa.?

    IPL appears to be doing just over 700kt (obviously, a bit different in terms of the end product). The indicative divestment price for their fertiliser business is USD1.6bln (see today's announcement)...that's AUD2.4bln.

    CXM valuation (excluding options) is roughly AUD 40mln
    Last edited by Happ: 16/05/24
 
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