Friday, May 3, 2013

Ausgroup

Ausgroup: It would be difficult to pinpoint how much exactly the share price will decline based solely on the witholding payment of A$21.7m. On top of this, there would be i) a further loss on the group's opportunity cost of an A$8.8m in the form of bank guarantees, as well as ii) further earnings opportunities with Karara Mining Limited. Theoretically, just using this value of A$21.7m divided onto its total share base of 480.9m shares, would give a decline of $0.057 per share.

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