SVR 3.17% $1.30 solvar limited

Ann: New Zealand Commerce Commission, page-26

  1. 22,649 Posts.
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    Not necessarily, AFS didn't cost anywhere near that.
    Buy a distressed businesses with high overheads, strip out all the central adnin costs , use SVR existing channels & grow the business over 3 years & you could easily double the investment.

    $50m would buy a stand alone business generating $5m from day 1 without any synergies or growth.

    Alternatively SVR could just buy another loan book with $5m & collect all the debt & generate a far batter return than a buyback.
 
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