Thanks for sharing the article, really just copying the letter from Tanara. Break it up now. I tried searching for investor centre (without using the search function) on their main page and sub page and it's very difficult to fine. its is symptomatic of a company that just does not care about investors. This is what is going to happen:
1. nothing - unlikely
2. big super buys the australian business or the build to rent business and gives them capital and distracts things for a while and they go down even lower as they will still be burdened with the international business
3. break up via a demgerger - the best idea in my view but ceo and board will need to take pay cuts, so unless the ceo is a really good salesman, the institutional investors who are clearly and rightly very upset with the capital destruction on display should happen
4. trade sale of the international business - good luck with that one in this market, who would buy it?
5. complete takeover by private equity - possible, about 15% chance
either way, the demerger train is underway in my view, could be interesting couple of years. fully supportive of wylie, he is so on the mark with his letter.
- Forums
- ASX - By Stock
- LLC
- AFR Article
AFR Article, page-5
-
-
- There are more pages in this discussion • 26 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 LLC (ASX) to my watchlist
|
|||||
Last
$6.28 |
Change
0.090(1.45%) |
Mkt cap ! $4.331B |
Open | High | Low | Value | Volume |
$6.19 | $6.30 | $6.17 | $13.26M | 2.115M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8295 | $6.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.29 | 1100 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 8295 | 6.260 |
5 | 22645 | 6.250 |
3 | 11239 | 6.240 |
2 | 9973 | 6.230 |
1 | 1300 | 6.210 |
Price($) | Vol. | No. |
---|---|---|
6.290 | 1100 | 2 |
6.300 | 36740 | 7 |
6.310 | 3651 | 2 |
6.320 | 8295 | 3 |
6.330 | 4644 | 1 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
LLC (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online