MCL 16.7% 0.5¢ mighty craft limited

General Chat, page-91

  1. 505 Posts.
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    Better Beer has a fantastic growth story as a Beer, and tremendous bankable marketing from the co-owners. Im sure we have lots of people lining up to buy that part of the business but we'd prefer to sell other less desirable assets. Catch to that is we need to find a buyer who believes they can get a better yield than we're getting or simply will take on that business on face value knowing we're seeking to reduce debt. Thing is if you WERE interested in those assets and you thought MCL was going insolvent, then you could just wait until that happens and get a bargain off the insolvency team.

    I disagree with your comment about management - what would motivate them to drag it out?
 
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