WLD 10.0% 3.6¢ wellard limited

Interesting stockIf Net asset is worth like $109M, but the...

  1. 377 Posts.
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    Interesting stock

    If Net asset is worth like $109M, but the market value of this whole company is only $30M, why not just close down, sell the assets and return $109M to shareholders ???

    Even if sell at 50% discount, it's still $54M which is more than the market cap of this company. 
 
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