SRF 0.00% 6.8¢ surfstitch group limited

They have enough money to buy it, they sold $50m of GBST shares...

  1. 34 Posts.
    They have enough money to buy it, they sold $50m of GBST shares over the last year. What you dont want is it getting tangled up and control passing which is why they are trying to make a mess of it. With Sonand in there Crown are unlikely to be able to do that even if they buy up to 20%. The letter Crown sent ot Surf was a joke and Surf dont have to answer any of it so not sure why they bothered. It makes them look like they are clueless. They are probably just trying to make a mess of Surf to keep it cheap, as they almost certainly want the whole thing.
    Last edited by TheSeaDog: 10/11/16
 
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