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Current Sp - IBR = 74c while TMR is 20.5c.
The merger deal is a 4 (TMR ) for 1 ( IBR ). Given the SP of each, it appears that IBR is undervalued by more than 10%.
Regardless, the combined entity offers a mid tier miner, with much potential for future growth.
I / SMSF own both.
Fishhy
The merger deal is a 4 (TMR ) for 1 ( IBR ). Given the SP of each, it appears that IBR is undervalued by more than 10%.
Regardless, the combined entity offers a mid tier miner, with much potential for future growth.
I / SMSF own both.
Fishhy
