SRL 2.56% 40.0¢ sunrise energy metals limited

Ann: Corporate Restructure Review, page-102

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,563 Posts.
    lightbulb Created with Sketch. 253
    IMO, whilst the water biz may not be reflected in the sp, it is the valuation on the books that counts when Sunrise is split off - inturn leading to to split of cash in the bank. If the water biz is 25% of the value on the books, upon split, then the water biz takes 25% of the cash.
    Of course if it is recommended to the board to go ahead and split - that is many months into the future and a lot more important things to happen well before then


 
watchlist Created with Sketch. Add SRL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.