I am a bit puzzled about so much acquisition interest in ROC....

  1. 53 Posts.
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    I am a bit puzzled about so much acquisition interest in ROC.
    According to the HZN booklet, ROC seems to be at almost its peak production. They made NPAT ~$45m last year and ~$61m previous year, so let say they make $60m NPAT for the next 5 years i.e $300m over 5 years with significant decline in production/revenue thereon.

    If a buyer want to acquire ROC now, he would have to pay ~$450m. Why would anyone do that? Is my view a bit too simplistic?
 
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