we could raise $1bn
with a 1 for 1 rights issue @ 30c
that would get us $978m
(.30 x 3261m shares = 978)
before capital raising
assets = $6bn
liabilities = $1bn
equity = $5bn
no of shares 3261m
bookvalue = $1.53
forecast earning = 20c
AFTER capital raising
pay off loans refinance $300m for working capital
assets = $6bn
liabilities = $300m
equity = $5,700m
no of shares 6522m
bookvalue = 87c
book value = $1.74
forecast earnings = 10c
Return on equity = 11%
would more than likely go higher should base metals prices improve
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we could raise $1bnwith a 1 for 1 rights issue @ 30cthat would...
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