ASH 1.96% 26.0¢ ashley services group limited

Ann: Change of Director's Interest Notice, page-3

  1. 6,348 Posts.
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    Does Ross have a vision of going "Back to the Future!":
    https://hotcopper.com.au/data/attachments/6041/6041253-c613b65a6e8a87a8b14522e59cb731ef.jpg

    With a 4 Mil. share top up places Ross @ 58.5% of this listed company - will other shareholders benefit as ASH recovers?

    Then again, is now a timely level for Ross to seek funds to take ASH private?

    HC showed the MC @ $33.11 Mil this morning, Ross's share holding = $19,038250

    At this morning SP, Ross would need $14,071,750 to buy out the company - if he can get it without a premium!?

    If ASH can get back to 82 cents, Ross would need more than $50 million to take out his fellow shareholders!

    As mentioned above - ASH's market capital was showing on HC this morning @ $33.11 Mil!

    From this point, how might the SP pan out as ASH potentially recovers from recent mis-adventure/ Appears Ross has favourable expectations!

    If my appear out, happy to be corrected!



 
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