SIT site group international limited

Administration?, page-9

  1. 666 Posts.
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    I dont know why they dont just auction the Clark asset off.
    A loss making education business that is already undercapitalised isnt the logical developer of the property in my mind. I feel there is value there but management dont appear focused on uncovering the value for shareholders. Maybe in a perverse way the court loss will force their hand with the property and this will actually be good for shareholders.
 
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