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2.27% 43.0¢ metals x limited

nifty being valued as a massive liability.SP is factoring in...

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  1. tjtian
    1,192 Posts.
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    24/02/20
    11:45
    Post #: 43109325
    nifty being valued as a massive liability.

    SP is factoring in some degree of insolvency risk - fortunately as far as we know the only liabilities are: (a) State for rehab costs; (b) Citi for the loan. I'd be worried if there was some kind of special loan issued to APAC or L1 giving them priority over shareholders.
    MLX Price at posting: 9.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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