SRS PXU

re: Ann: Sale of Australian Paper Manufacturi... The sale is...

  1. fastenyourseatbelt
    2,053 Posts.
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    16/02/09
    18:15
    Post #: 4801320
    re: Ann: Sale of Australian Paper Manufacturi... The sale is good news for current holders bad news for long term holders.

    Reduced company debt to 338 million from 1062 million. Plant only made 8 million last year so not worth keeping.

    Current share capitalization 196 million.
    Shareholder equity after deal 1538 million.

    I would be happy with $1.00 per share.
    SRS Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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