SIQ 0.72% $8.37 smartgroup corporation ltd

Ann: Non-binding indicative proposal and entry into exclusivity, page-25

  1. 5,377 Posts.
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    and TPG are good at snaring bargain, I was a green cross shareholder when they snared it for $675m + debt so enterprise value is just under $1bn now they want to float it back to the market for 4bn after just 18-24 months in their hand.

    now with pandemic supplies chain a drag on SIQ acquiring new vehicles they strikes know in 12-24 months from now the earning probably accelerate and float back to the market for another $4bn in a few years
 
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