Would they need to worry with a cap raising to take VGH out?
Even with an offer a $2 per share it would only take 150 mil
At $1 PE would go out to 6.25
At $1.50 PE would go out to 9.37
At $2.00 PE would go out to 12.5
Now that gets me excited about any offers that is likely to be made
Trading on a PE of just over 4 at the moment leaves plenty of upside
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