Smallbear,
Note 14 of the AR breaks down sale of BWM into 18.2m assets (inc goodwill) and 10.4m liabilities roughly matching the cash received of 7.5m. I suspect (although I can't be certain) that some liabilites were paid with the cash. A 10m loss in a few months would be alarming!
I struggled to find info on remaining deferred consideration but believe this to be small with the sale of BWM. Targets are also probably too high making paying them a remote possibility. My guess is dividends in a few years. Cash may be better used pursuing acquisitions although hopefully they are more disciplined than previous management
sunny side up?, page-5
Add EGG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.24 |
Change
-0.010(0.80%) |
Mkt cap ! $112.5M | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.27 | $1.24 | $5.999K | 4.821K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10839 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 1579 | 3 |
View Market Depth
| Last trade - 10.34am 31/07/2024 (20 minute delay) ? |
| EGG (ASX) Chart |