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Ann: Company Update - SmartPASS Sale, page-10

  1. wirapundi
    191 Posts.
    lightbulb Created with Sketch. 14
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    12/11/14
    02:39
    Post #: 14273448
    Hi afd

    On what basis do you suppose sale is imminent? (I don’t profess to know – but suspect it will inevitably drag out like is the usual from ONC).

    I cant for the life of me understand why the buyback was mooted, and then decided against…? Very odd.

    Mind you – it’s even more odd, that they have somewhere around 60m – 65m in the bank… and have a current market cap of 40m. The market is asleep to this one at the current levels.

    Cheers
    Wira
    TFL Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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