I'll re-post the following in a new thread the other one was getting slow
I think all things considered it was pretty good.
I thought the NTA would be around 30c
we now have NTA at 24c
the trade off is i thought gearing would be higher than the 43% we currently have
$100 million cash at the moment
NO further EU asset write downs.
The market is trying to price in a D4E at 10c
if Valad thinks it can hold onto the cash and get 15% returns on it then it will cover the 15% interest rate on the notes
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |