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Ann: Sale of Immersion Clinical Spas, page-6

  1. Modishv
    8,556 Posts.
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    21/09/20
    08:34
    Post #: 47491120
    good news, sure. have been super critical of the spa business, well done.

    but...1Million - arguably, less than the asset value of the business. The devil is in the detail, will this warrant a big write off the asset in the bal sheet? the market will work this out quickly.

    if SP rises on hype and comes down to 6/5 finish, it would be a bad deal.

    best of luck, fingers crossed. cautiously excited for you guys,
    WNB Price at posting: 0.6¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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