SIT 0.00% 0.2¢ site group international limited

Ann: Non-binding term sheet for sale of up to 51% of subsidiary, page-5

  1. 2,978 Posts.
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    well it's a long term lease on Clark, and SIT is desperately short of funds (including owing money to the chairman) hence the need for the transaction

    question mark is whether this reflects the market value of clark - arguably there is no verifiable market value given covid and all the uncertainties

 
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