Net profit before tax and FX guidance at 21 April was $15-16million.
$200m seems a good offer depending on how they’ve performed since April. Profits seem to be bounding higher at a good clip though.
I too was getting ready to sell down at least half my holding on the upcoming results as have incurred significant opportunity cost holding at these stagnant prices whilst some good companies have staged strong recoveries. In the vicinity of 12.5% of my portfolio here so should be a good day as I have struggled last few weeks to get a move along.
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