Which one may presume is why LCE is so keen to have all the cash from the sale of the electrical division continued to be managed by ECL?
Also as announced by ECL NTA at 30 Nov = 203.15 cents per share. NTA at 31 Dec = 203.04 cents per share. And the ASX was up in December..... In its letter released to day to its shareholders, LCE also estimated NTA to be around $4.25 per share.......
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Which one may presume is why LCE is so keen to have all the cash...
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