SSM service stream limited
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Ann: LLC: Lendlease announces sale of Services Business, page-4

  1. Bwatson
    582 Posts.
    lightbulb Created with Sketch. 988
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    21/07/21
    10:09
    Post #: 54651220
    Not a fan of the deal tbh.

    This will keep the price capped below 90c for a long time seeing as SOI will increase by about a half.

    For LTH's who bought in 17/18/19 it has crystalized permanently our losses. Even if I buy into the entitlement, my average will only come down to 1.4.

    Plus it makes us heavily geared so I can only hope our business doesn't continue it's death spiral.
    SSM Price at posting: 96.0¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch. 6  Great analysis
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