News: SFH Specialty Fashion Group updates on non-binding change of control proposal from Al Alfia..., page-13

Picked up myself some more this morning @ 57.5c.

really struggling to see any downside - deal goes through it will be at minimum 65c and i still believe at the original 70c offer. if not, then the stock is cheap as chips. i'm expecting flat second half earnings for FY of $30-$31m which means business is valued at 3-4 times earnings.. and likely to start paying divi soon with free cash flow.

what is the downside from here, except for short term selling for people who might have bought at 52c recently and wanting to turn a quick profit if they believe the Al Alfia play is under threat.