Confused as to why the share price isn't at least in the teens by now?
- Dilution due to BEPPA conversion has been eliminated.
- Extension to debt facilities.
- Ability to buy out management contracts and change name.
- Expansion of PD Ports and WestNet Rail.
What issues are left apart from the asset sales?
They now have plenty of time to do so and ensure a price above book value and reportedly have many potential interested parties.
Does this mean if and when DBCT or similar is sold off, it will shoot up to the range of 50 cents to 70 cents?
That would be a fair discount to the value of the company considering probable decreases in revenue after the sales and due to the environmental conditions.
Confused as to why the share price isn't at least in the teens...
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