Mauombo - I dont really know where to start. There is a lot of investment needed to take Morrison's further. So the purchaser should then be able to do a straight deal payable in a few weeks.
Why do we not have enough to invest in Morrisons ? - we have $5 million free cash and we are generating $1 million Ebitda each month.
So what is the great imperative we are investing in? Hopefully not more News media that has earned zip.
I am frustrated as I dont see the grand plan.
Ann: Divestment of 80% of Morrison Securities, page-37
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Last
39.0¢ |
Change
-0.010(2.50%) |
Mkt cap ! $48.58M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 36.5¢ | $173.0K | 463.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2776 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 500000 | 1 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| SEQ (ASX) Chart |