Done some more work on Autosports valuations. In a nutshell:
If priced similar to USA averages then worth $2.20
If priced similar to Aust averages then worth $2.50
If priced similar to MCO then worth $2.60
Bookbuild range $2.10 to $2.40.
There is money to be made here and have gone in for a medium to big bid in expectation of large scalebacks.
Crestone, MB and JB Were all closed now.
We have spent a lot of time messing around with Charter WALE, Eleanor and Inghams so hopefully this one will pay well.
