SIV 0.00% 15.5¢ siv capital limited

I'll take it (or higher of course), $0.31 is a killer P&L...

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  1. 1,004 Posts.
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    I'll take it (or higher of course), $0.31 is a killer P&L perspective as it currently sits.

    as someone else has noted, even MC approx $10m higher looks like a $1 shareholder buy out.

    plus the trailing GoGetta returns of 30% if I recall would see shareholder buy out at $1.30.

    without current financial position known, expect that net debt has reduced through debt reduction program then likelihood of debt position being better then your position of $0.66 is the baseline position, and can only be improved upon.

    worst case is covenants have been called and liquidators are rolling in, then sitting on pile of nothing....

    all will be revealed before market open tomorrow I guess
    Last edited by thorndog: 02/07/19
 
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16.5¢ 88999 3
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