I guess XavierX2 raises some interesting questions of the true value of ORS to Gandel Metals/Abbotsleigh. Questions those holding may wish to explore at the upcoming AGMs.
Those of us who were AGS shareholders think our main asset was sold for a fraction of it's true worth. I'm not an accountant, so I'm not asserting anything, but for Abbotsleigh/GM, based on what we think was their buy in price, it appears the sale should lead to a substantial capital gains event. If they can use ORS's tax credits, the sale of B4M looks even better from a GM point of view.
We know there is at least one canny individual associated with Abbotsleigh/AGS/ORS who has the right background to know if it's possible to weave it all together.
If I was an ALK shareholder, I'd be a little nervous.
- Forums
- ASX - By Stock
- ORS
- Worked value split of Gandel scheme
Worked value split of Gandel scheme, page-5
-
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ORS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online