As a WTG shareholder ( Very small now) I cant help believing I am invested in WTG for the distribution of the Escrow dosh
and not much hope from the mishmash. I have a notion eagle was right all along and the whole lot is probably for sale when tidied up. Certainly WTG has put Muckerjee on what is effectively a sales incentive scheme. Its more than a notion, it is a for sale sign.
I see value in the discreet canadian Clinics business , Ingenie and Hubio. How much - but $75M wouldnt be far off.
Cash - well the Escrow is $100M and there is another $190 M lying around of which $150M probably not needed in the short term by WTG operations.
$250M would be handy + the share of NIHL profits. $300M would not be unuseful to SGH.
Of course managing the mishmash and onsales might be just left to Muckerjee - or an alternative view is - its a mess - stay clear.
Mel
SGH Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held