Agree 100% re Interprac. That is where their longer term vision as outlined to the market is centered around and where I see the potential for massive future value.
Morrisons has indeed been an unexpected material short term excitement injection. However has highlighted the inherent value here.
Lots to like short and long term. I'm surprised the sub seller hasn't looked for an off market buyer. Or that the company seemingly hasn't found one for them. Hopefully post result something happens to sort it out as it seems the overhang is the only thing holding this back.
SEQ Price at posting:
53.5¢ Sentiment: None Disclosure: Held
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