GUJ gujarat nre resources nl

work this out now, page-7

  1. 12,498 Posts.
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    The market cap of GUJ is a tad more than that - You need to fector in the shares of the "Mother":

    GUJ's .... 447,149,000
    GUJO's .. 167,497,000
    @ 0.63 = MC of $614,646,000


    INR 's ....493,678,000
    INRO's ... 13,795,000
    @ 0.93 = MC of $507,473,000

    So the total of the merged entity will be:

    $1,122,119,000

    It suddenly becomes a very significant entity indeed & will be put into the ASX200 & then ASX100 at some time

    cheers
 
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