SLM
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19.2% 9.3¢ solis minerals ltd.

Marketing Solutions was 65% of the total revenue for Salmat in...

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  1. HK1
    590 Posts.
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    25/11/19
    20:51
    Post #: 41623883
    Marketing Solutions was 65% of the total revenue for Salmat in FY19 and about half of the EBITDA. Just 10 years ago that part of the business was making an EBIT of close to $30m annually. How times have changed.

    I guess a special dividend will be announced, unless there is some more news coming as to what is happening to the last piece of the business (Managed Services). Salmat won't be around for much longer, it seems.
    SLM Price at posting: 66.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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