Yes very definitely a buying opportunity. The market cap of the company is $40 million. They sold 80% of Morrison's for $40 million cash so add to that the 20% they still own of company financials value $10 million. So the company is valued at less then they received just for the Morrison's part of the business. If my nemory is correct I think they originally paid $25 million for the Interprac business.
On that basis this looks cheap. Well I would presume the buying to be very strong. Over 800k sold today.
Did you buy more? Do you think the directors will ? Someone is buying.
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