SIQ 1.45% $8.37 smartgroup corporation ltd

and the nature of SIQ high free cash flow it is very attractive...

  1. 5,344 Posts.
    lightbulb Created with Sketch. 525
    and the nature of SIQ high free cash flow it is very attractive to PE with their clever accounting play
    load it up with debt, return capital to PE, by the time they float it back to the market SIQ would be debt ridden, they have all their capital back
    and all the money sell back to the market is risk free return.

    need a rival bid else TPG can easily expect to double their money with this play within 3 years

 
watchlist Created with Sketch. Add SIQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.