Is possible, but big IF is that completion must take place - I don't want to read anymore about it happening and we are doing this and that, they need to come out and say the deals are done; here are the details, incomes, production rates and herd numbers, here are the associated costs and that leaves us with a profitability of X.....that's what we need and that's what the market now needs to restore confidence - then your suggested SP value is attainable otherwise we will be hovering in the 3's for some time to come.
The final acquisition of 5 must now take place....if they revert to 3 or 4 only, then their credibility is lost.
I do believe, the 5 will be done and only then will we be looking at a revised MC.
PDF Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held