Not really as there will be no more income from that business, so balance sheet goes up short term but no long term revenue. Seems like MTS is stripping there assets off so they are more attractive for a takeover bid
Ann: Sale of Metcash Automotive to Burson Group for $275m, page-4
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Last
$3.51 |
Change
-0.040(1.13%) |
Mkt cap ! $3.852B | |||
| Open | High | Low | Value | Volume |
| $3.56 | $3.56 | $3.50 | $9.766M | 2.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 73 | 353078 | $3.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.52 | 60979 | 8 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| MTS (ASX) Chart |