DaLatta
I've already responded to this argument in my reply to Guru2. I calculated the implied post earn in values for the entire project. Not interested in further argument, but I'll just point out the following.
Below are my values.
Total implied post earn in value of entire project based on MLX's offer $112,040,000
Total implied post earn in value of entire project based on NST's offer $117,500,000
The NST share price has increase 20cents since it closed at $2.20 the day before the NST offer for the CTP.
An increase in the market cap of NST of 592million x 20cents = $118.4 million following the announcement.
Under my assumptions NST's post earn in share in the value of the project is 60% of $117.5 million = $70.5 million
Under your assumptions the value would appear to be 60% of $74 million = $44.4 million
My estimates seem to align better with the market action. You might want to check your maths before running the shares up any further, because based on your estimate they've already run 160% higher than your estimate should allow.
Eshmun
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Last
40.5¢ |
Change
0.005(1.25%) |
Mkt cap ! $398.7M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 39.5¢ | $784.4K | 1.951M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 44650 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 147646 | 5 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |
