On what metrics do you think DEL is expensive? Even at $0.40 the EV was pretty reasonable based on its operating history/ growth prospects IMO. If you have a peer comp table 'd be keen to see it. Problem is Morgans mispriced the IPO, a 100% first day gain is always going to attract stag sellers.
Let's wait and see - but as I said I will be very surprised if Regal doesnt lodge a change of substantial in the coming days. They are happy to trade the trade.
Ann: Becoming a substantial holder, page-100
-
- There are more pages in this discussion • 143 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
