SIT 20.0% 0.3¢ site group international limited

it’s a MASSIVE asset play.I figure the upside at current price...

  1. 1,112 Posts.
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    it’s a MASSIVE asset play.

    I figure the upside at current price is at least 7-8x conservatively if they can execute a deal, maybe even 15-20x+ if they smash it out of the park for 6.

    I don’t know what the chances of them executing a deal are, 50-50? Even if it’s only 25%, getting $7-8 on a $4 chance is right in my wheelhouse - looks like a bet on a live horse to me which I routinely make.

    I already have exposure through @eternalgrowth and EGP, but quite keen to have a slash at this directly in my own name.
 
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Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
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