MLA 0.00% 8.5¢ medical australia limited

so it seems their price is 3cents, page-4

  1. 798 Posts.
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    Anyone have any thoughts on the Independent Expert's Report?

    Especially regarding Medivet's provided 31-Dec-12 financials?

    Sale of goods...................4,476,685
    Cost of goods sold.........-(1,924,836)
    Gross Profit....................+2,551,849
    Other Income....................+190,936
    .....................................+2,742,785

    Expenses.......................-(2,360,928)
    Profit before income tax.......+381,857


    Looks like in my opinion the new company will have revenue of circa ~15mil & a small net profit of likely less than 500k (depending on how much the recent OEM deals add to MLA's bottom line & not including any likely synergies which may occur over the medium term).

    A good platform from which to work on. Still personally I'm not sure I like the consolidation. From my view most consolidations I've been a part of have ended in the gradual depreciation in the SP.

    There's a fair bit of info to chew through in both reports. Looks like everyone's letting it all sink in.


 
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