Australia's largest stock trading and investment forum Australia's #1 stock forum

LNK

Click for more information

0.00%

$2.09 link administration holdings limited

PEXA Listing, page-62

First 62 Last

Share
Profile

Follow
thewizard

26 Posts.

10

17/03/21

16:20

Post #: 51840103
Share

Originally posted by Cryptonium: ↑

Both LNK suitors have said they are not interested in PEXA (and their main concern for LNK TO due diligence is huge debt levels). Subsequently LNK CEO has said they want to streamline their business (clearly without PEXA) and be in the position should any other acquisitions come along (like the one they recently decided against). No matter what vehicle they use for getting rid of PEXA at the highest value, they are going to do this. They will more than likely also pay down some of the debt with those funds, balance their books and be in a much better position moving forward. As will they appear more ripe for a TO from the suitors, who have obviously gone silent on the matter of late. The sooner PEXA bulls are out of LNK the better.

Expand

Interested to know where suitors listed any concerns about debt levels? PE will look to add a lot more debt if they were to purchase.

LNK Price at posting: $5.15 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

What each US election outcome would mean for Australian companies & investors

Making money: How many microcaps should be in an investor's portfolio?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

There are more pages in this discussion • 199 more messages in this thread...

First 62 Last

Add LNK (ASX) to my watchlist