I think you did not understand what I tried to say
1) Company has significant current issues and is reflected in slammed down share price--and I acknowledged that; (which appears less than value of assets held and not ascribing value to the underlying future cash generating capacity of the business; but I could be wrong) -- (doubts were raised as a going concern because of COVID uncertainty -- when it was its peak -- now the COVID risk is mitigating in Australia)
The company can construct and has run several profitable projects over 40 years -- The Sunraysia issue is not a construction issue it is a regulatory issue. The New Zealand corrections department debacle does not look like purely a Decmil issue alone (why NZ corrections awarded $NZ60 million New Zealand prison contract in mid-2017, and then increased it a year later by another $NZ125 million, if they Decmil were not doing the job, is just baffling)
2) They have appointed Moelis Australia for strategic review; A major area of Moelis services are in merger and acquisitons, in addition to strategic review and recapitalisation. Moelis has been party to several prominent M & A transactions
My question was a genuine but theoretical one seeking insight--what is the potenital current fair value of this business in a M&A scenario. --if anyone knows;--obviosuly it is not an easy question.
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I think you did not understand what I tried to say1) Company has...
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Last
29.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.50M |
Open | High | Low | Value | Volume |
29.0¢ | 29.3¢ | 29.0¢ | $9.48K | 32.43K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 3831358 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.5¢ | 818295 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 3400480 | 0.290 |
1 | 11000 | 0.260 |
4 | 20006 | 0.150 |
1 | 10000 | 0.135 |
1 | 30000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 818295 | 13 |
0.300 | 1904554 | 7 |
0.305 | 54287 | 3 |
0.310 | 10000 | 1 |
0.320 | 7250 | 2 |
Last trade - 11.24am 11/07/2024 (20 minute delay) ? |
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