Good call given the share price has fallen substantially since you got out. Are you intending to go back in? The problem is the US expansion. Only 2.6% of the Equus revenue is translating to NPATA and the debt will go up to 663m. This will lower their EPS and potential dividends which they did not mention. Maybe the drop in share price is already reflecting this proforma outcome and could be good value around $2.50.
Ann: Date of AGM and Release of Voluntary Escrowed Shares, page-4
Add to My Watchlist
What is My Watchlist?