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Ann: Third Bidder Supplement and increase of Offer Price to $1.00, page-27

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5,107 Posts.

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16/05/18

12:13

Post #: 33131410
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Originally posted by Petercalk ↑

From 31 AUG 2016 of Foxleigh transaction

I will ignore the current Debt of $77m for this exercise.

21 months since Foxleigh transaction.

Cash $100m
Debt $64m
——————————-
$36m cash

$36m over 21 months = $1.71 mill average per month they are generating Net cash

Average over 1 year Net Cash minus debts = $20.5 mill

Those attacking Taurus management, let me remind you Foxleigh transaction wouldn’t have taken place without there input and financial backing.

Taurus offer of $1 is more than fair.

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Wow you are full of it. Read the last quarterly and extrapolate from that. Everyone knows your position and what you are trying to do, crawl back from under the rotten log you came from.

RRP Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
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Ann: Third Bidder Supplement and increase of Offer Price to $1.00, page-27

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