This is where you are wrong each cent and dollar they keep on the blance sheet. The cheaper any takeover amount will be. If they offered $300M for the company it would be less any cash. Net cash on the balance sheet. Currently that is zero $50 cash and $50 debt.
$300M is PE of 10 if second half similar to first half.
Which is below the $400M of assets.
So if bid was at $500M it would only be a premium of $100M to the net assets.
$1.50 is gonna happen pretty soon before its fortunes turn.
Ann: AGI H1 FY19 Investor Presentation, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AGI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
71.5¢ |
Change
-0.020(2.72%) |
Mkt cap ! $252.5M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 74.5¢ | 71.0¢ | $6.173K | 8.543K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.5¢ | 132 | 1 |
View Market Depth
| Last trade - 15.59pm 22/11/2024 (20 minute delay) ? |
| AGI (ASX) Chart |
