Just wondering what do you all think will happen after the takeover/buyout/merger what ever you want to call it...
Where you think the share price will go? how long?
Planning to hold further or sell out at that price?
What other comments?
They say at an assumed 5c, will be worth $169mil.
They say could be in the vicinity of $26-$32mil as combined profits for the year.
Lets say they hit $30mil profit.
Lets say a 7 times earnings value, that is $210mil.
Thats like a 22% increase on $169mil, .....so can I say 22% increase on 5c?, So are we easily looking at a 6c-7c range before next reporting?
Would you think then is the best time out? Or will it flourish to be something bigger and better?
That is just what is revolving in my head, I would like to hear your opinions, and your corrections to my numbers if I am wrong in anyway.
I am ultimately trying to work out, if I should take the opportunity of the positives surrounding the stock just after merger, or live it out much longer for better values in the years ahead.
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