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1.54%

$3.30 excelsior capital ltd

Comment on page 3The decision to divest CMI, aligns with ECL’s...

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bottomfeeder1

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28/11/23

10:51

Post #: 71141434
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Originally posted by ValueSnatcher: ↑

Transition to lifestyle company almost fully complete....I don't think they missed any pages, nor do I think market has much reservation about deal falling over - They intend to keep the proceeds for the InVeStMeNt PoRtFoLiO, this is why it's discounted.

The pre-tax NTA would be around $4.15-$4.25 zone by my rough calcs. However, they haven't really given enough disclosure yet so we cant be sure on tax etc.

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Comment on page 3

The decision to divest CMI, aligns with ECL’s portfolio optimisation strategy. Proceeds delivered by the
divestment will allow ECL to strategically re-allocate its capital resources to take advantage of emerging
investment opportunities, further strengthening ECL’s position as a leading Australian Listed Investment
Company.

ECL Price at posting: $3.27 Sentiment: Hold Disclosure: Held
2 Upvote

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(20min delay)
Last $3.30		Change 0.050(1.54%)		Mkt cap ! $95.68M

Open	High	Low	Value	Volume
$3.30	$3.30	$3.30	$52.8K	16K

Buyers (Bids)

No.	Vol.	Price($)
2	6508	$3.19

Sellers (Offers)

Price($)	Vol.	No.
$3.29	3393	2

View Market Depth

No.	Vol.	Price($)
2	6508	3.190
1	3100	3.180
1	3100	3.150
2	15328	3.050
1	2500	3.040

Price($)	Vol.	No.
3.290	3393	2
3.310	10000	2
3.380	1500	1
3.500	5000	1
0.000	0	0

Last trade - 13.57pm 02/05/2024 (20 minute delay)

ECL (ASX) Chart