COG 0.95% $1.04 cog financial services limited

Ann: Independent Valuation of Investments and Other Updates-AIK.AX, page-5

  1. 545 Posts.
    lightbulb Created with Sketch. 24
    yeah, there was much more valuation uplift from other factors.
    But I still think another 4% reduction is warranted over coming years (which would now be worth much more than $1.8m per 100 points). probably closer to $2.5m per hundred points.

    With the riverwise writedown, It looks increasingly likely they will divest it, and restructure the business and stop being a LIC.

    I would expect to see SNC push harder now
    Last edited by starsky: 23/06/16
 
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