Interesting, bells has their SOI at 25,756,250 @ a MC of 4.2m. Maybe its more.
Perhaps their enterprise value is 5x less than VEC, not including VEC's con-note debt of course. Then it would be a higher multiple but we dont even know how much they are going to need to eventually pay back yet.
Bit of a laugh slagging off companies about dilution don't ya think haha. VEC are in the process of trying to dilute you lads to get rid of the incoming Magna dilution.
I notice WAF is up significantly since you were slagging it off, can't catch a break lol.
- Forums
- ASX - By Stock
- VEC
- Ann: Extension of Voluntary Suspension
Ann: Extension of Voluntary Suspension, page-107
-
- There are more pages in this discussion • 104 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)