SRS spicers limited
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Running my eyes over this business - it appears a classic...

  1. Berger978456
    3,555 Posts.
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    06/07/18
    12:00
    Post #: 34185156
    Running my eyes over this business - it appears a classic special situation type investment.

    Net assets stripping out intangibles is roughly A$107 after paying off all debts. Current market cap is around A$80m...theres about A$27m of value there which remains locked up in this business.

    Does anyone know if that is a consideration for the board - i.e wrapping up the business. Or are they trying to ride through this?
    SRS Price at posting: 3.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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