Ann: AGK:AGL confirms proposal to acquire Mosaic , page-2

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  1. 2,617 Posts.
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    re: Ann: AGK:AGL confirms proposal to acquire... Looking more closely at this:

    At 15c ps values MOS at $121m.

    Per 2010 interim accounts NTA per share was 11.3c.

    If we add the Kimu proceeds (say A$13m) of 1.6c ps

    We get total NTA of 12.9c ps.

    This leaves 2.1c for exploration upside, value of intangibles etc

    Seems a few cents ps light to me.
 
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