TGA 0.00% $1.17 thorn group limited

I think the Business Finance Division may be worth something...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. swc
    71 Posts.
    lightbulb Created with Sketch. 41
    I think the Business Finance Division may be worth something .
    COG willing to pay well over book value for it in Sept 2019 and as at 30 Sept 2020 there is $52.9M in provisions on it.
    How do minority shareholders know if the amount of provisions is fair or OVERSTATED ?
    Is there likely to be a reduction in provisions as the economy improves ?

    I support Grimloq's suggestion to sell the Business Finance Division to the highest bidder whether that is Somers, COG or someone else.

    I voted FOR all resolutions at the EGM.
 
watchlist Created with Sketch. Add TGA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.